QUESTION 3 INFORMATION Excerpts of the financial statements of Infosys Limited for 2019 are as follows: Statement of Comprehensive Income for the year ended 31 December 2019 Sales (all credit) Cost of sales Gross profit Operating expenses Operating profit R 9 240 000 7 800 000 1440 000 1080 000 360 000 Interest expense Profit before tax Tax Profit after tax Statement of changes in equity for the year ended 31 December 2019 Dividends for the year Statement of financial position as at 31 December 2019 Assets Non-current assets Inventories Accounts receivable Cash 140 000 220 000 61 600 158 400 R 62 000 R 1 220 000 1450 000 770000 225 000 3 665 000 Equity and Liabilities Ordinary share capital Retained earnings Long term loan (12%) 1000 000 960 000 520 000 Accounts Payable Other current liabilities REQUIRED 460 000 725 000 3 665 000