Given information for 13 questions below: Mohlaletse CC is a wedding and venue arrangement services company operating around the Sekhukhune District Municipality of Limpopo province. Makola and Bulelwe are the two founders and members of this registered a close corporation and obtained municipal approval to expand the business into proving cooked meals from an establishment in the community. The following extract of balances as at 31 December 2021 from the accounting records of Mohlaletse CC is presented to you for assistance: R Loan to Makola 17 900 Members contribution: Fetakgomo ? Members contribution: Makola 164 100 Members contribution: Bulelwe 135 500 Retained earnings (1 January 2021) 381 900 Trade debtors control 161 500 Trade creditors control 158 700 Loan from Makola 104 500 Bank (favourable) 2 876 100 Long-term loan (Mohlaletse Fund) 4 806 900 SARS (income tax) liability 111 300 Vehicles at cost 1 940 400 Accumulated depreciation: Vehicles (1 January 2021) 287 600 Furniture at cost 53 000 Accumulated depreciation: Furniture (1 January 2021) 16 800 Equipment at cost 1 293 600 Accumulated depreciation: Equipment (1 January 2021) 491 800 Inventory 1 014 900 Profit before tax (before taking into account the additional information) 2 659 800 Additional information 1. On 1 January 2021, a renowned wedding planner and choreographer by the name of Fetakgomo was admitted to the CC in July 2021 to assist in developing a new wedding themes and contemporary wedding dance moves. In addition to the R35 000 cash contribution, Fetakgomo further contributed music equipment and an old delivery vehicle to the value of R99 000 and R39 000 respectively. 2. On 30 June 2021 one of the music system (music equipment) got damaged by an inexperienced local DJ from Zebediela and was not reparable. This system was acquired at a cost of R120 000 on 1 May 2019 and an accumulated depreciation of R66 100 on 30 June 2021 (R50 000 at 1 January 2021). The equipment was insured and an insurance pay-out equal to the carrying amount of the equipment was paid to the close corporation. The accountant credited the insurance pay-out to the SARS(income tax) account. 5. On 30 September 2021, a profit distribution of R55 000 was made to each member of the close corporation. These amounts should be regarded as loans from members with interest charged and capitalised at 15% per annum. This transaction is yet to be accounted for. 6. The loan from Makola was advanced to the CC in December 2020 and is repayable on 31 May 2022. 6. The income tax assessment, received from SARS on 4 January 2022, indicated that the normal income tax for the 2021 financial year amounted to R388 000. 7. Bulelwe experienced personal financial problems during the year and borrowed R21 000 from the close corporation. The loan was granted to Bulelwe on 1 December 2021 at an interest rate of 18% per annum. The interest on this loan is capitalised. This transactions is still to be recorded. 8. Depreciation for the year ended 31 December 2021 was correctly calculated as R78 000, R3 400 and R185 000 for vehicles, furniture and equipment respectively. Which one of the following alternatives represents the correct carrying amount for vehicles to be disclosed in the statement of financial position of Mohlaletse CC at 31 December 2021? a. R 1 652 800 b. R 1 578 400 c. R 1 658 200 d. R 1 574 800