Question: rectors made the following resolutions at year - end, which are yet to be recorded: Dividends declared at R 1 . 4 per share and

rectors made the following resolutions at year-end, which are yet to be recorded:
Dividends declared at R1.4 per share and will be paid at the end of April 2024.
A total bonus amounting to R163,000 must be paid to directors on 30 April 2024.
5. The loan from Broederstroom Bank was acquired on 1 March 2023 at an interest rate of 10% per annum. Interest on all loans for the current financial year has not yet been accounted for. The loan is repayable in five (5) annual equal instalments with effect from 1 March 2024.
6. Authorised share capital consists of 1000,000 NPV ordinary shares. Share capital stated above consists of ordinary shares issued at R4.00 per share. On 01 December 2023, the directors issued 50,000 shares at R5.4 per share. The shares were taken up by the public on 27 February 2024, and this transaction has not been recorded.
7. Inventory on 28 February 2024 consisted of the following:
Inventory (stock) on hand: R50,400
Stationery on hand: R5,100
8. The allowance for credit losses must be adjusted to R8,400. A debtor who owes the business R12,200 was declared insolvent and must be written off as irrecoverable.
9. Investments consist of
Investment in Mkhaya Institute (Pty) Ltd at a cost of R140,000 this investment is measured at cost.
17,550 shares in Mkhuluwa Ltd at fair value on 28 February 2023 this investment is held for trading and the fair value gain/losses are recognised in profit or loss. These shares were trading at R15.5 per share on 28 February 2024. On the 27th of February 2024, Mkhuluwa Ltd declared a dividend of R4.5 per share.
REQUIRED:
Complete the amounts in the EXTRACT (presented below) of the statement of profit or loss and other comprehensive income of Greenfields Fertilizers CC for the year ended 28 February 2024.
16,800

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