QUESTION $3(25$ Marks$)$ INFORMATION: BN Ltd is a retailer of stationery. All amounts are Vat inclusive, where applicable. The following information relates to the $2$ month tax period of August and September $2024.($Please see INFORMATION on the following page$)$ INCOME Sales $765000$ Sales: Australia $225000$ Rent received: Residential supply $32000$ Interest received $10000$ Fee from consulting service $25675$ EXPENSES Wages $35000$ Petrol $22000$ Bad debts $33000$ Telephone $15000$ Water and Electricity $24000$ Importation of good from Zimbabwe $120000$ Customs Duty $6000$ Purchase of factory building from non$-$vendor $72000$ Purchase of shoe $360000$ Purchase of water bottles $2000$ A computer that was purchased by him on $1$ August $2024$ for R$14375.$ Depreciation of R$695$ was calculated $14375$ Bad debts: $$ R$1575$ is related to credit sales $$ R$1225$ is a loan made to employee $$ has left without repaying loan $2800$ Interest paid $12500$ REQUIRED: Calculate the VAT payable$/$refundable for the $2$ month period August$/$September $2024.$