QUESTION 3 [28 marks] Brown Envelop (Pty) Ltd is registered as a VAT vendor on 01 April 2022. The company had twomonth VAT period and the following information exclusive of VAT) is relevant for the period AprillMay 2022.5how all your calculations Sales R168 000 Trade receivables R23 000 Expenses R82 000 Trade payables R12 600 Required: 3.1 You are required to calculate VAT payableirefundable by Brown Envelop (Pty) Ltd on the: 16 marks 1. Invoice basis 2. Payment basis 3.2 You are required to complete the below table: 12 marks Mark up on cost Cost Price (Excl. VAT) Prot (Excl. VAT) Selling Price (Excl. VAT) 15% . R350.00 ? 10% . . R2 500.00 R1 400.00 20% ? ? R3 200.00