Question $2(25$ marks$)$ Thabang had the following transactions in Jan $2024.$ Date Purchases Sales Jan $2024510$ kgs at P$40$ per kg $824$ kg at P$41\mathrm{.}80$ per kg $1318$kg at P$62$ per kg $1622$ kg at P$42\mathrm{.}402030$ kg at P$63\mathrm{.}75$ per kg $2243$ kg at P$44$ per kg $3026$ kg at P$65$ per kg There was no opening stock. Required: $($a$)$ Calculate the closing stock using FIFO $(13$ marks$)($b$)$ Draw up the trading account for the month ended $31$ January $2024.(7$ marks$)($c$)$ State Three advantages and Two disadvantages of FIFO. $(5$ marks$)$