6. The following balances were extracted from the accounting records of Mobility Traders at 31 December 2016. R Equipment ............................................................................................................................ 405 000

Bank (cr) ............................................................................................................................... 100 000

Long term loan ...................................................................................................................... 220 000 Trade payables control .......................................................................................................... 85 000

Inventory ................................................................................................................................ 15 000

Trade receivables control ....................................................................................................... 79 000

The equity amount of Mobility Traders at 31 December 2016 is as follows?

1. R464 000

2. R294 000

3. R90 000

4. R94 000

5. R194 000