NTN LIMITED EXTRACT OF THE GENERAL LEDGER AS AT 28 FEBRUARY 2022 \begin{tabular}{|l|r|} \hline & \multicolumn{1}{|c|}{R} \\ \hline Ordinary share capital & 4000000 \\ \hline 9% Preference shares (200 000 shares issued at R5 each) & 1000000 \\ \hline Loan: Kip Bank & 200000 \\ \hline Company tax paid & 390000 \\ \hline Interest on loan & 24000 \\ \hline Interim dividends paid & 375000 \\ \hline Inventory (01 March 2020) & 630000 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Retained earnings (01 March 2020) & 1800000 \\ \hline Sales & 14000000 \\ \hline Sales returns & 400000 \\ \hline Selling and general expenses & 5600000 \\ \hline Purchases & 6000000 \\ \hline \end{tabular} Additional information and adjustments 1. Inventory, according to stock taking, on 28 February 2022 amounted to R600 000. 2. The cost of sales must be calculated. 3. An amount of R154880 was still owed for company tax. 4. The authorised share capital consisted of 1000000 ordinary shares of which 75% has been issued. 5. A final dividend of 24.5 cents per ordinary share was declared. 6. Provide for dividends on the preference shares. NTN LIMITED EXTRACT OF THE GENERAL LEDGER AS AT 28 FEBRUARY 2022 \begin{tabular}{|l|r|} \hline & \multicolumn{1}{|c|}{R} \\ \hline Ordinary share capital & 4000000 \\ \hline 9% Preference shares (200 000 shares issued at R5 each) & 1000000 \\ \hline Loan: Kip Bank & 200000 \\ \hline Company tax paid & 390000 \\ \hline Interest on loan & 24000 \\ \hline Interim dividends paid & 375000 \\ \hline Inventory (01 March 2020) & 630000 \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Retained earnings (01 March 2020) & 1800000 \\ \hline Sales & 14000000 \\ \hline Sales returns & 400000 \\ \hline Selling and general expenses & 5600000 \\ \hline Purchases & 6000000 \\ \hline \end{tabular} Additional information and adjustments 1. Inventory, according to stock taking, on 28 February 2022 amounted to R600 000. 2. The cost of sales must be calculated. 3. An amount of R154880 was still owed for company tax. 4. The authorised share capital consisted of 1000000 ordinary shares of which 75% has been issued. 5. A final dividend of 24.5 cents per ordinary share was declared. 6. Provide for dividends on the preference shares