On 1 November 2020 Donald Trading sells goods to Kamal Harris on account for N$50 000 (VAT inclusive). The goods were delivered to Kamal Harris on the same day. Donald Tradings credit terms are 30 days. Donald offers a 5.25% settlement discount to Kamal Harris if she settles her account within 5 days of the invoice date. Kamal has a history of taking advantage of the settlement discount. On 7 November 2020, the accountant of Donald Trading noticed that Kamal did not pay her account within the prescribed time of 5 days due to Kamals unhealthy cash flow experienced. Assume that both entities are VAT vendors. You may also assume that the transaction was correctly recorded at the initial recognition date.