At 31 August 2021, the financial year-end of Sibasa Traders, the following information was obtained from the entitys accounting records:

	R
Net sales	696 581
Net purchases	441 168
Inventory (1 September 2020)	55 726
Inventory (31 August 2021)	45 277
Fees earned	73 141
Carriage on purchases	13 931
Advertising	10 448

Calculate the amount that will be transferred from the trading account to the profit or loss account for the year ended 31 August 2021.

NB: Instructions

1. Use a full stop to indicate any decimals (eg: 1000.01)

2. Only show the amount, do not show the R (eg: 12141.72)

3. If the total amount calculated is a loss, please enter the amount as a negative (eg: -12141.72), if the amount calculated is a profit, please enter the amount as a positive (eg: 12141.72)