please assist urgently

The accounting records of included the following items, arranged in no particular May the end of the financial Rand 32 210 Cash Note 5 0 00 Paten 319 780 Trade accounts receivable Debtors Note 1 Inventory Note 3 84 000 Prepaid rent Note 22 740 000 Equipment 415 250 Trade accounts payable Creditors Note 4 70 000 ayable Loan 35 000 Provision for doubtful debt Note 6 500 000 Ordinary share 50 000 Note 6 Cumulative preference shares 121 000 Retained Earnings June 2015 75 100 Net profit for the 2016 yea Additional information: 1. Baobab values their inventory using the weighted average method and uses the perpetua inventory system. Baobab's inventory records for the year were as follow 700 units at R80 each 1 June 2015 balance 1500 units at R82 each 31 August purchases 400 units at R85 each 31 October purchases 800 units at R86 each 31 March 2016 purchase 3 275 units at R160 each Total sales for the yea 2. The equipment was bought on 1 February 2016 to replace previous equipment sold the day before. The estimated useful life is 6 years and the expected value at the end of its life is R50 000. Depreciation is provided according to the straight-line method. Depreciation has not yet been recorded 3. The prepaid rent represents rent for the period 1 January to 30 June 2016. 4. The 12%, 6-month loan payable was obtained on 1 March 2016. Accrued interest for the year still has to be recorded 5. Baobab purchased the patent on 1 June 2015. The legal life of the patent is 10 years, but because of changing technology, the patent is only expected to generate revenue for 4 years Amortization on the patent has not yet been recorded 6. ordinary shares consists of 100 000 shares with a par value of R5 per share. The company only be paid on during has declared a dividend of 20c per share on 15 May 2016, which wi June 2016. Preference shares consist of 500 cumulative shares, 10%, R100 par value per share. Preference dividends were in arrears for the previous two years. The dividends including dividends in arrears, will be paid during June 2016. These transactions have not yet been recorded Required Calculate the value of inventory on 31 May 2016 using the weighted Refer to Note 1. average method, (You may assume that the Cost of goods sold calculation has already he calculation of net profit for the year been taken into accou b Refer to Notes 2 6. Journalize the adjustment entries that still have to be put through at (10) year end. No journal explanations are required