Nciba CC is a business entity founded and registered as a close corporation by the two members Odwa and Makhwabe. The CC obtained municipal approval to cook and sell traditional dishes to the Gcuwa community. The following accounting information is presented to you for your assistance:

EXTRACT OF BALANCES AS AT 31 DECEMBER 2019
	R
Bank (Dr)........................................................................................................	3 027 400
Long-term loan (Dutywa Bank) .....................................................................	4 905 000
SARS (income tax) ........................................................................................	113 500
Retained earnings (1 January 2019) .............................................................	405 500
Trade receivables control ..............................................................................	170 000
Trade payables control ..................................................................................	167 000
Vehicles at carrying amount ..........................................................................	1 980 000
Office Furniture at carrying amount ..............................................................	54 000
Cooking equipment at cost ............................................................................	1 320 000
Accumulated depreciation: Cooking equipment ...........................................	910 000
Inventory .......................................................................................................	1 035 600
Loan to Makhwabe .........................................................................................	21 100
Member's contribution: Odwa .......................................................................	172 000
Member's contribution: Makhwabe................................................................	182 100
Member's contribution: Masonwabe .............................................................	?
Loan from Odwa .............................................................................................	99 900
Profit before tax (before taking into account the additional information)......	2 774 000

Additional information

(a) On 30 June 2019 one of the cooking equipment burst and got damaged beyond repair. This equipment was acquired at a cost of R92 000 on 1 May 2016 and the accumulated depreciation of R56 000 was correctly accounted for on 30 June 2019. The equipment was insured and an insurance payout equal to the carrying amount of the equipment was paid to the close corporation. The accountant credited the insurance payout to the SARS (income tax) account.

(b) On 31 August 2019, a profit distribution of R51 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 18% per annum. This transaction is yet to be accounted for.

(c) On 2 March 2019, a well-regarded chef from eKomani by the name of Masonwabe was admitted to the CC to assist in developing a new recipe for one of the dishes. In addition to the R38 000 cash contribution, Masonwabe further contributed cooking equipment and an old vehicle to the value of R110 000 and R75 000 respectively.

(d) The loan from Odwa was advanced to the CC in 1 December 2018 and is repayable on 31 May 2020.

(e) Makhwabe experienced personal financial problems during the year and borrowed R15 800 from the close corporation. The loan was granted to Makhwabe on 31 December 2019 at an interest rate of 15% per annum. The interest on this loan is capitalised. This information is still to be recorded.

(f) The income tax assessment, received from SARS on 4 January 2020, indicated that the income tax for the 2019 financial year amounted to R542 000.

QUESTION 1

Which one of the following alternatives represents the correct members contributions for Odwa to be presented in the statement of changes in net investments of members of Nciba CC for the year ended 31 December 2019?