Question 5 [24] The owner of Dragon Trading has asked you to assist her to complete the Statement of Financial Position as at 31 March 2021. She provided the following partly completed Trial Balance: Pre-adjustment Trial Balance as at 31 March 2021 DEBIT CREDIT R42 570 Accumulated depreciation: Equipment Accumulated depreciation: Motor vehicles R107 700 Accrued expenses R1 260 Accrued income R750 Bank R15 630 Capital (01/04/2020) R1 000 000 Creditors control R24 790 Debtors control R30 985 R123 750 Equipment at cost Income received in advance Land and buildings R8 250 R922 500 Motor vehicles at cost R207 600 Petty cash R1 050 Prepaid expenses R3 465 Additional information not yet considered: 1. A physical inventory on 31 March showed merchandise costing R53 013. 2. T Tree had taken a total of R112 500 in stock and cash during the year for personal use. 3. After taking all the adjustments into account, the correct net profit is R247 415. 4. Depreciation must be provided for as follows: Vehicles at a rate of 15% on cost Equipment at a rate of 10% using the reducing balance method. Required: Use the information provided to prepare a Statement of Financial Position as at 31 March 2021 for Dragon Trading. SHOW ALL YOUR CALCULATIONS. TOTAL (1257