QUESTION
1. CALCULATE WORK IN PROGRESS WITH THE DATA BELOW
Statement of Comprehensive Income
TOTAL REVENUE	THIKA	TOTAL
WORKSHOP REVENUE	2,229,788	2,229,788
LESS: Sublet - Workshop	243,586	243,586
Gross Profit - Workshop	1,986,202	1,986,202
PARTS REVENUE
Parts sales to workshop	6,313,866	6,313,866
Parts counter sales	417,444	417,444
Parts credit sales	388,799	388,799
	7,120,109	7,120,109
LESS: Cost of Sales (Parts)
Parts Opening Stock	35,315,772	35,315,772
Parts Purchases	13,384,534	13,384,534
Inter-Branch Transfers	(5,446,283)	(5,446,283)
Paints & Materials - Parts	-	-
Cost of goods available for sale	43,254,023	43,254,023
LESS: Closing Stocks - Parts	38,242,174	38,242,174
Cost of Goods Sold	5,011,849	5,011,849
Gross Profit - Parts	2,108,260	2,108,260