36 During the financial year a trader made payments totalling 225,500 to suppliers. At the start of the year the trader owed 28,200 to suppliers. At the end of the year the trader owed 22,600 to suppliers. What were the trader's purchases for the year? Question 37 ) During the financial year a trader collected payments totalling 3,655,000 from customers. At the end of the year the trader was owed 365,500 by customers. At the start of the year the trader was owed 456,900 by customers. What were the trader's sales for the year? ( ) Question 38 The following data is available for a company: Start of year: Inventory at the start of the year: 12,660 Trade payables at the start of the year 11,500 End of year: Inventory at the end of the year: 9,950 Trade payables at the end of the year: 12,770 Cash paid during the year: Payments to suppliers during the year: 138,000 Carriage inwards: 810 Carriage outwards: 1,640 What was the company's cost of sales for the year? ( ) Question 39 Which method of depreciation is intended to write an asset off equally over its economic life? Group of answer choices 1. Straight line method 2. Units of output method 3. Sum of the years' digits method 4. Diminishing balance method Question 40 A company purchased equipment costing 800,000. The equipment is expected to have no residual value and is to be depreciated using the diminishing balance method at 30% on a full year basis. What is the depreciation charge for the second year? Enter your answer to the nearest . ( )