Question 2 (Marks: 35) Clever Traders only sells one specific item through online sales. The product is purchased from a specific manufacturer, Comfort Factory. Comfort Factory delivers the products directly to the customers of Clever Traders. Comfort Factory invoices Clever Traders only once a month, at the end of the month, for the total quantity of the product purchased by Clever Traders. Clever Traders has an account with Comfort Factory. Clever Traders is a VAT registered vendor, and only conducts business with other registered VAT vendors. The current VAT rate is 15%. Clever Traders uses the perpetual inventory system and only sells for cash. They add a mark-up of 30% on all products; if an order is for a 100 or more units, then a mark-up on cost of 25% is added. The following cash sales took place during the month of March 2020: Date Document number Number of Mark-up Customer name items 12 C1281 223 25% Online Shopper 18 C1282 67 30% Easy sales 30 22 22 C1283 122 25% Stonedfred C1284 15 30% Magic Items