1 1.1. Your friend, Kim has asked you to help him with his bank statement. He is sure there are some error on the bank statement as some things just do not make sense to him. Below is a copy of Kim's bank statement. FIRST NATIONAL BANK Mr Kim de Villiers Statement 28 Naboon Street Nahoon for January 2019 Account number 23456799 Vincent Park Branch Branch code: 211031 5241 Date Details Debit Credit Fees Balance 1/1/19 Opening balance 12 783 56 3/1/19 Deposit 1000 00 15 00 5/1/19 Payment: Con Cars $76 45 2 5/1/19 Payment: M Smith 2000 00 2 12/1/19 EFT Purchase 125 60 1 26/1/19 Payment: S Yusuf 2 600 00 2 88888 13.768 56 50 12889 61 50 10 887 11 00 A 50 8158 01 28/1/19 Salary 11 560 00 19 718 01 (NOTE: EFT means electronic funds transfer) . . The fee for deposits is R2.00 plus R1.00 for every R100.00 Stop order payments costs R2.50 regardless of the amount Card purchases cost R1.00 regardless of the amount Rent is Kim's biggest expense Use the above bank statement to answer the questions below. 1.1.1. Determine the missing value of A (2) 1.1.2. Kim claims that there is a mistake in the fees column indicate where this mistake occurred (4) and verify with the necessary calculations, whether his statement is valid or not. 1.1.3. The bank has confirmed that there is indeed an error on his bank statement. If the error is corrected, what should Kim's balance be on 28 January 2019. 1.1.4. Kim states that her bank fees for January 2019 will be more than R30.00. Verify with the necessary calculations, whether his estimation is valid or not. Keep in mind the error has been corrected. 1.1.5. State ONE possible reason why banks are charging fees (to their customers). (3) (2)