Lerato saved R$1500000$ so that she can start her own hairdressing salon in Midrand. On $1$ February $20\mathrm{.}1,$ Lerato opened a business bank account, Lesedi Hairdressing Salon, at ABC Bank and she deposited R$1200000.$

On $2$ February $20\mathrm{.}1$ she bought equipment for R$600000$ on credit, which is repayable within a year. On $3$ February she purchased furniture via the business banking app from Unique Salon Furnishers for R$210000.$ On $14$ February $20\mathrm{.}1,$ Lerato used the business banking app to pay R$21000$ for father's clothing account.

On $16$ February she used the business debit card to pay R$10000$ for the rental of the business property and R$8000$ for advertising expenses. On $25$ February Lerato obtained a loan of R$300000$ from XYZ Bank with a payback period of more than a year.

This amount was paid into the bank account of Lesedi Hairdressing Salon. During the first month of trading, she made cash sales of R$23000$ and she rendered services to clients on credit for R$4500.$

Required:

After taking into account all the information provided in the scenario above, please fill in the total equity and liabilities section of the statement of financial position as at $28$ February $20\mathrm{.}1$ of Lesedi$$s Hairdressing Salon.

Instructions:

$1.$ Follow the format of the statement of financial position as provided in the study units $1$ to $5.$

$2.$ Use a full stop to indicate any decimals $($eg: $1000\mathrm{.}01)$

$3.$ Round off to the second decimal after the full stop $($eg: $50\mathrm{.}56)$