Notes: 1. The profit on the sale of the single cab bakkie was calculated as follows: Cost 210 000 Depreciation (79 387) 130 613 Proceeds 157 000 Profit on disposal 26 387 2. Commission received is in respect of the sale of life insurance policies. 3. The impaired trade receivable recovered is a partial recovery of a debt written off in July 2018. An input credit has not yet been claimed by F & G products (Pty) Ltd. 4. Technical fees were received from a non-resident. In respect of F & G Pty Ltd for the tax period ended 25 April 2020 (a). Calculate the VAT payable or refundable. (14 marks) (Note: Your answer should split supplies and inputs between standard rated, zero-rated, exempt and non-taxable). (b). If the companys VAT return and payment are submitted after 25 April 2020, state the amount of the penalty for the: (1). Late return and (2). Late payment (6 marks)