Example 2 The financial year-end of Vendor Limited is on 31 May. Investments are valued on the FIFO basis. Vendor Limited makes use of a three column general ledger account for investments which reflect the nominal value, income and capital investment in 8% R1 Municipal Bonds. Interest on bonds is receivable on 31 March and 30 September. According to documentation the following transactions in abovementioned bonds took place: 1. Purchased on 1 June 20X1 R 12 000 at 105 cum div. Brokerage fee R 40. 2. On 1 September 20X1 purchased R 6 000 at 105 cum div. Brokerage fee R 20. 3 On 1 February 20X2 sold R 12 000 at 110 cum div. Brokerage fee R 60. 4. On 1 March 20X2 purchased R 18 000 at 102 ex div. Brokerage fee R 90. 5. On 1 May 20X2 sold R 9 000 at 103 ex div. Brokerage fee R 50. REQUIRED Prepare an Investment Account in the books of Vendor Limited for the financial year ending 31 May 20X2. All calculations must be rounded off to the nearest R1