1. Inventory on 28 February 2023 was valued at a seling price of R600 000 . The intenluny was priced-at cost plus 50%. 2. The assessment from SARS for the yoar ended 28 Febuary 2023 reveled that an arrout of R43.000 was owed for cortipanytax 3. The ofdinary share capital consisted of 1500000 stares of which 1000000 have been issued at R4 each. No shares were soid during the financal yeat ended 28 February 2023. 4. Afinaldindend of 9 cente pei ordinaty stare was dectared: 5. Provide for dwoends on the preforence shates