Question 5 Study the scenario and complete the questions that follow: Company Information A certain company has the following information available for the year-ended 28 February 2021: Account Balance Cost: Machinery and equipment R100 000 Cost: Office equipment and furniture and fittings R40 000 Accumulated depreciation: Machinery and equipment R80 000 Accumulated depreciation: Office equipment and furniture and fittings R30 000 Receivables R20 000 Payables R80 000 (Two payables charged interest on overdue accounts: Payable 1 charged interest of 7.5% on an overdue account of R10,000 Payable 2 charged interest of 5% on an overdue account of R10,000) Long-term loan R800 000 The directors decided to obtain a long-term loan on 1 March 2020 to finance new machinery and equipment. The loan was taken out at 18% per annum. Interest is paid annually. No interest has been recorded yet. 10% Mortgage bond R1 500 000 R1 000 000 R400 000 ? The mortgage bond was secured on 1 May 2020. Interest is payable monthly. No interest has been recorded yet. Sales Purchases Advertising and marketing Advertising and marketing must be done to the value of 15% of sales revenue. Credit losses Computer expenses Distribution costs Distribution costs are calculated at 10% on the value of advertising and marketing costs. Electricity and water Rent paid Salaries and wages Telephone expenses R18 000 R15 000 R60 000 R110 000 R440 000 R40 000 Source: De Villiers, C 2021 Required 5.1 Calculate the distribution costs' section of the Statement of Profit or Loss and Other Comprehensive Income. Show all calculations. (6 Marks) 5.2 Calculate the finance costs' section of the Statement of Profit or Loss and Other Comprehensive Income. Show all calculations. (7 Marks)