Question 2 [15] The following information relates to Drop Goal Rugby Club for the year ended 31 December 2021: Entrance fees R1 000 per member. Annual membership fees - R2 000 per member. Reversals at the end of 2020 Accrued income: Membership fees Amount R6 000 Income received in advance: Membership R4 000 fees Reversals at the end of 2021 Accrued income: Membership fees Amount R20 000 Income received in advance: Membership fees R10 000 Money received during the current year is as follows: . Membership fees for 2021 were paid in full by 80 members. Two members paid their outstanding membership fees for 2020. Five members paid their membership fees for 2022. It is policy that the club will expel members if they are one year in arrears with their membership fees. Two members who paid their membership in full resigned and the board decided that they will refund 90% of their membership fees.