1. Biscotti Traders Ltd is a company registered for value added tax (VAT) in Kenya. The Company's transactions for the month of October 2024 were as follows:

Sh.

October4:Purchasesofgoods (local)	6,960,000
October6:Purchaseofacomputer	243,600
October8:Return outwards	208,800
October10:Legal fees	93,960
October12:ImportsCost,InsuranceandFreight(CIF)	522,000
October14:Advancesalariesandwages	870,000
October16:Sales(local)	8,874,000
October18:Exportsales	1,044,000
October20:Exemptsales	3,201,600
October24:Printingand stationery	41,760

October28:Electricity 80,910

Additionalinformation:

1. Theimportdutyforthecategoryofgoodsimportedbythecompanywasat25%on Cost, Insurance and Freight (CIF) basis.
2. Adebtorofgoodsvalued atSh.182,700wasdeclared bankrupt on 20October 2024.
3. Input tax relating to goods sold as exempt sales could not be directly identified anditwas found appropriate to restrict deductible import tax.
4. TransactionsareinclusiveofVATattherateof16%whereapplicable.

Required:PreparetheVATaccountforBiscottiTradersLtdforthemonthofOctober2024.