QUESTION 1 [30] SAVE Limited, a South African company placed an order for inventory from Couture Limited, a company based in the U.S. The inventory was invoiced for $ 220 000. The goods were loaded free on board (FOB) on 25 March 2019 and arrived in South Africa on 5 April 2019. SAVE Limited agreed to pay Couture Limited in two equal instalments on the 31 May 2019 and 31 August 2019. As at 30 June 2019, 65% of the inventory was sold locally for cash. The remaining inventory was sold for cash during the 2020 financial year. SAVE Limited has a 30 June year end. The relevant exchange rates are as follows: 1$ = R 25 March 2019 05 April 2019 31 May 2019 30 June 2019 1$ = R1.10 1$ = R1.45 1$ = R1.30 1$ = R1.60 31 August 2019 1$ = R1.20 30 June 2020 1$ = R1.50 REQUIRED:- Prepare the journal entries of SAVE Limited for the years ended 30 June 2019 and 30 June 2020