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Calculate the DuPont Model, given the following balances:Year 1 dataCash R16,080Accounts receivable R9,500Prepaid R3,150Supplies R675Equipment R25,200Accumulated depreciation equipment R8,150Year 2 dataCash R20,000Accounts receivable R15,000Prepaid R1,175Supplies

Calculate the DuPont Model, given the following balances:Year 1 dataCash R16,080Accounts receivable R9,500Prepaid R3,150Supplies R675Equipment R25,200Accumulated depreciation equipment R8,150Year 2 dataCash R20,000Accounts receivable R15,000Prepaid R1,175Supplies R2,675Equipment R89,057Accumulated depreciation equipment R36,800;EquityR82,600Net sales R325,000Net income of R56,824Assume sales revenue and net sales are the same.

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