Pogacar and Carapaz are the only members of PogacarCarapaz CC. They have an equal interest in the corporation and distribute profits accordingly. The following information is extracted from the accounting records of the CC as at 31 March 2020, the financial year-end of the corporation. Additional information: An invoice relating to carriage on purchases amounting to R8 800 was received on 30 March 2020 and must still be taken into account. The closing inventory amounted to R79 800. The investment in Nibali Ltd consist of 85 000 shares bought for R177 000 and was acquired in March 2019. The investment was acquired for trade purposes. At the end of the current financial year, the fair value of the investment amounted to R201 000. On 15 March 2020, Nibali Ltd declared a dividend of 50 cents per share payable on 30 April 2020. Each member received a monthly salary of R15 000 paid in cash. Carapaz the managing member of PogacarCarapaz CC is entitled to a bonus of R18 000 payable on 1 April 2020. These amounts were debited to the salaries and wages account. The current income tax for the financial year amounted to R65 600 and must still be recorded. Profit distribution of R80 000 to members during the year is to be paid at the end of April 2020. Interest must be recorded on the loan accounts to members at 10% per annum on the opening balance of any existing loans as well as on any additional loans granted. On 1 July 2019, an additional loan of R31 400 was granted to Carapaz and was correctly accounted for in the books of the close corporation. Interest on the loans to members is still to be accounted for and must be capitalised. All loans are unsecured and immediately callable. Interest on loans from members is calculated at 15% per annum and is not yet accounted for. The loan amount is repayable in full on 16 June 2021.

Which one of the following alternatives represents the correct amount that must be disclosed as trade and other receivables under current assets in the statement of financial position of PogacarCarapaz CC as at 31 March 2020?

A. 69 000

B. 69 900

C. 62 000

D. 62 900