Bhekisizwe $($Pty$)$ Ltd would like to know if they would qualify as a micro business. They received cash amounts relating to catering services amounting to R$445000$ for the period $1$ March $2023$ to $29$ February $2024.$ Included in this amount is R$37000$ received in cash from the sale of some catering equipment.

What is Bhekisizwe $($Pty$)$ Ltd$$s qualifying turnover for the year ended $29$ February $2024?$

a$.$

R$124600$

b$.$

R$445000$