Ian Wright buys, repairs and sells laptops, televisions and other electrical appliances under

the business name Ian$$s Bargains which is not registered as a VAT vendor. Ian uses the

periodic inventory system to record trading activity.

The following information was provided for the year ended $28$ February $2019$:

Accounts$/$Transactions R

Inventory on hand at $1$ March $2018$

Purchases $$ cash

Purchases $$ credit

Returns from customers

Returns to suppliers

Transport costs on purchases

Transport costs on sales

Sales $$ Cash

Sales $-$ Credit

$37500$

$200700$

$38650$

$7320$

$6180$

$9720$

$10140$

$383700$

$155800$

Additional Information:

$1.$ Physical stock take determined that inventory at $31$ March $2019$ was valued at R$41220.$

$2.$ Ian took a television set and a laptop computer from stock on $24$ December $2019$ valued

at R$5890.$ This transaction must still be recorded.

Required

$3\mathrm{.}1$ Prepare the trading section of the statement of comprehensive income for the year

ended $28$ February $2019.$