QUESTION FOUR [20 MARKS] Leseba Construction (Pty) Ltd is considering changing its credit policy, at present there is no discount and customers have 30 days to pay. The proposed policy is 2/10, net 60. Company sales are all on credit and are currently R2 000 000 and the Chief Financial Officer has prepared the following forecast information for the change in policy: Details: Current policy Proposed change in policy Sales R2 000 000 R2 500 000 Average collection days 25 days Customers taking discounts Gross profit margin 18% 18% Bad debts as a percentage of 2% 2% sales Weighted cost of capital 12% 12% 45 days 0 60% 51 Page CMAB021 ASSESSMENT OPPORTUNITY 1 ONLINE 2022 REQUIRED Calculate the following: 1. Change in gross profit: II. Change in carrying cost of debtors; III. Change in bad debts; and IV. Change in cost of discount. [2] [6] [6] [5] Communication: Presentation in