QUESTION 1 (20 MARKS) REQUIRED Prepare the Statement of Comprehensive Income of Dundee Traders for the year ended 28 February 2023. INFORMATION The pre-adjustment trial balance and additional information given below were extracted from the accounting records of Dundee Traders on 28 February 2023, the end of the financial year.

DUNDEE TRADERS
STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 28 FEBRUARY 2023
	Workings (If any)	R
Sales
Cost of sales
Gross profit
Other operating income
Bad debts recovered
Commission income
Gross operating income
Operating expenses
Salaries and wages
Bad debts
Consumable stores
Rent expense
Motor expenses
Telephone
Electricity and water
Bank charges
Insurance
Operating profit
Interest income
Interest expense
Net profit for the year