Trading Structures Use the following information to answer Questions 25 - 26. As at 31 March 2020 Bedrock Ltd had losses of $3.2 million to carry forward. Up to 31 March 2019, the shareholders of Bedrock Ltd have always been Fred 50% Wilma 45% Barney 5% On 15 May 2019 Wilma sold her shares to Betty. On 21 August 2019 Barney sold his shares to Bam-Bam. On 1 January 2020 Bam-Bam sold his shares to Pebbles. Question 25 What is the shareholding continuity for the year ended 31 March 2020? (4 marks) Question 26 Explain whether the company is able to carry forward its losses to the 2021 income tax year. (4 marks)