REQUIRED Use the information provided below to prepare the Statement of Financial Position as at 31 December 2021 using the percentage-of-sales method. (7 marks) INFORMATION Jupiter Limited's Pro Forma Statement of Financial Position as at 31 December 2020 is as follows: Statement of Financial Position as at 31 December 2020 ASSETS R Non-current assets 2 000 000 Property, plant and equipment 2 000 000 Current assets 4 250 000 Inventories 2 000 000 Accounts receivable 750 000 Cash 1 500 000 6 250 000 EQUITY AND LIABILITIES Equity 5 450 000 Non-current liabilities 250 000 Loan 250 000 Current liabilities 650 000 Accounts payable 650 000 6 250 000 Additional information The sales for the year ended 31 December 2020 amounted to R20 000 000. Sales are expected to increase by R4 000 000 during 2021