3.1 3.1.1 Profit before tax of R500,000 in the statement of profit or loss and other comprehensive income multiplied by 28% is R140,000. Why is the income tax expense R141,400 and not R140,000? (5) 3.2 3.2.1 Jade Stores is a small retailer of bespoke handbags ready to open its first brick-and- mortar shop with PQR Development, which owns a shopping centre. Jade Stores enters into a three-year contract with PQR Development to use 30 square metres in the shopping centre for a stand to display its products. The contract specifies that PQR Development is allowing Jade Stores the right to use 30 square metres on the ground floor of the shopping centre, but the terms of the contract also allow PQR Development to move this stand to a variety of other suitable places within the shopping centre, provided AA remains on the ground floor and PQR Development bears all costs of the move. Based on this clause, can we determine if there is an identified asset? Substantiate (10) your answer.