EXTRACT OF BALANCES AS AT 31 July 2022: 1. An invoice relating to carriage on purchases amounting to R5 500 was received on 30 July 2022 and must still be taken into account. 2. The closing inventory amounted to R93 400. 3. The investment in Pusha Ltd consist of 80000 shares bought for R201 000 and was acquired in March 2021. The investment was acquired for trade purposes. At the end of the current financial year, the fair value of the investment amounted to R212 345 . 4. Each member received a monthly salary of R22 000 paid in cash. Wanda the managing member of VW Traders is entitled to a bonus of R30000 payable on 1 August 2022. These amounts were debited to the salaries and wages account. 5. The allowance for credit losses must be increased to R3800. 6. Partners withdrew cash amounting to R20 000 equally to pay for holiday flights to Cape Town on 31 July 2022. 7. Interest must be recorded on the Ioan accounts to partners at 10% per annum on the opening balance of any existing loans as acquired in iviarcn UI. I he investment was acquired for trade purposes. At the end of the current financial year, the fair value of the investment amounted to R212 345. 4. Each member received a monthly salary of R22 000 paid in cash. Wanda the managing member of VW Traders is entitled to a bonus of R30000 payable on 1 August 2022. These amounts were debited to the salaries and wages account. 5. The allowance for credit losses must be increased to R3 800. 6. Partners withdrew cash amounting to R20 000 equally to pay for holiday flights to Cape Town on 31 July 2022. 7. Interest must be recorded on the Ioan accounts to partners at 10% per annum on the opening balance of any existing loans as well as on any additional loans granted. On 1 February 2022, an additional loan of R10 000 was granted to Wanda and was correctly accounted for in the books of the close corporation. Interest on the loans to members is still to be accounted for and must be capitalised. All loans are unsecured and immediately callable. 8. Interest on loans from KK Loans CC is calculated at 15% per annum and is not yet accounted for. The loan amount is repayable in full on 16 November 2022. Which one of the following alternatives represents the correct amount for revenue in the statement of profit or loss and other comprehensive income of VW Traders for the year ended 31 July 2022 ? EXTRACT OF BALANCES AS AT 31 July 2022: 1. An invoice relating to carriage on purchases amounting to R5 500 was received on 30 July 2022 and must still be taken into account. 2. The closing inventory amounted to R93 400. 3. The investment in Pusha Ltd consist of 80000 shares bought for R201 000 and was acquired in March 2021. The investment was acquired for trade purposes. At the end of the current financial year, the fair value of the investment amounted to R212 345 . 4. Each member received a monthly salary of R22 000 paid in cash. Wanda the managing member of VW Traders is entitled to a bonus of R30000 payable on 1 August 2022. These amounts were debited to the salaries and wages account. 5. The allowance for credit losses must be increased to R3800. 6. Partners withdrew cash amounting to R20 000 equally to pay for holiday flights to Cape Town on 31 July 2022. 7. Interest must be recorded on the Ioan accounts to partners at 10% per annum on the opening balance of any existing loans as acquired in iviarcn UI. I he investment was acquired for trade purposes. At the end of the current financial year, the fair value of the investment amounted to R212 345. 4. Each member received a monthly salary of R22 000 paid in cash. Wanda the managing member of VW Traders is entitled to a bonus of R30000 payable on 1 August 2022. These amounts were debited to the salaries and wages account. 5. The allowance for credit losses must be increased to R3 800. 6. Partners withdrew cash amounting to R20 000 equally to pay for holiday flights to Cape Town on 31 July 2022. 7. Interest must be recorded on the Ioan accounts to partners at 10% per annum on the opening balance of any existing loans as well as on any additional loans granted. On 1 February 2022, an additional loan of R10 000 was granted to Wanda and was correctly accounted for in the books of the close corporation. Interest on the loans to members is still to be accounted for and must be capitalised. All loans are unsecured and immediately callable. 8. Interest on loans from KK Loans CC is calculated at 15% per annum and is not yet accounted for. The loan amount is repayable in full on 16 November 2022. Which one of the following alternatives represents the correct amount for revenue in the statement of profit or loss and other comprehensive income of VW Traders for the year ended 31 July 2022