QUESTION FIVE The following information was extracted from the accounting records of Totela Stolo at 28 February 2019 , the end of the financial year. Additional information 1. Physical stock take and subsequent valuation on a first-in-first-out basis revealed the following inventory values on hand at 28 February 2019 : - Trading inventory R79 300 - Consumable inventory R 1850 2. A section of the premises has been sub-let since 1 March 2018 at a monthly rental of R6 000. Rent for the year was received and recorded correctly. However, a refundable rental deposit of R6 000 was received on 1 March 2018 and posted to the rent income account. 3. The allowance for credit losses (provision for bad debts) must be increased by R600. 4. The balance in the insurance account at 28 February 2019 includes an annual insurance premium of R6 000 that was paid for the period 1 June 2018 to 31 May 2019. 5. Provide for the outstanding interest on the mortgage bond which was raised on 31 August 2015. The initial amount of the Bond was R200 000 and was payable in four (4) equal annual instalments. The first instalment was paid on 31 August 2018 and subsequent instalments are payable on 31 August each year. 6. Interest of R3 150 is still receivable on the fixed deposit as at 28 February 2019. 7. Bank charges of R610 must still be recorded. 8. An amount of R760 was received from a debtor whose account was written-off as a credit loss (bad debt) in the previous accounting period. 9. Record depreciation as follows: - Equipment R30 000, and - Vehicles R54 000. Required: Prepare the statement of comprehensive income of Totela Stolo for the year ended 28 February 2019 to comply with the requirements of generally accepted accounting practice appropriate to Totela Stolo's business. Comparative figures are not required. Show all workings