QUESTION TWO [25] You are provided with figures extracted from the financial statements of Khan Limited Information: Khan Limited Statement of Comprehensive Income for the year ended 31 December 2021 Khan Limited Statement of Financial Position as at 31 December 2021 BACHELOR OF BUSINESS ADMINISTRATION YEAR 2 - ACADEMIC AND ASSESSMENT Notes to the Financial Statements A portion of the land and buildings were sold at book value. The vehicles were purchased on the last day of the accounting period and all the depreciation relates to equipment. BACHELOR OF BUSINESS ADMINISTRATION YEAR 2 - ACADEMIC AND ASSESSMENT Cash float 3. Retained Income Retained income at beginning of year Net profit after tax Dividends paid and declared Retained income at end of year 4. Trade and Other Payables Trade creditors Expenses payable (Interest on loan*) SARS (Income tax) Shareholders for dividends Interest on loan is not capitalised Required: 2.1 You are required to fill in the missing figures in the note to the Statement of financial position for Fixed assets. (8) 2.2 Cash Flow Statement for the year ended 31 December 2021. The business bought a significant amount of new fixed assets. What did they buy and how did they pay for these fixed assets? Provide figures to support your answer. (17)