QUESTION FOUR [25] The following information was extracted from the accounting records of Mode Ltd for the financial year ended 30 June 2020. Extract from: Statement of Profit or loss and other comprehensive income of Mode Ltd for the year ended 30 June 2020 R Gross profit 1 440 000 Dividends received 43 000 Profit on sale of machine 75 000 Depreciation (15 000) Interest expense (180 000) Distribution, administration and other expenses (403 000) Taxation (420 000) Profit for the year after taxation 540 000