Questions 15 to 20 tefer fo the following example. Red Dawa, a speciasist widget retaier started business on 1 January 2021 . In the firt year, the business trade the folowing trantictions. 1. The owners placod 550,000 of their own funds into the busceess bank account 2. The business used tho bank account io buy shop fixtures and fittings which cost E16.000. 3. The business used the bank account to buy new niventory for 10.000. 4. The businiss bought further inventory of 9,000 on credit. 5. The shop sold 8,000 of is inventory for 14.000 to customers through the shop for oath 6. Aiso, the business sold goods that cost 86,000 to another business for E,000 on credit 7. The business paid Eg,000 in ront from the bank account. This covered the 18 montis to 30 June 2022 . 8. The businass calculated cepreciation ch the straight -line mathod of to per cent per annum 9. Authough the bill had not been tecetved, the owners csturated that the electrity would be 2,000 for the yoar. 10. The owners withdrew 56,000 in cash for thor own use. Question 16: What is the value of current liabilities at 31 December 2021? a. E9,000 b. 211,000 c. 512,500 d.E15,000 QUESTION 17 Questions 15 to 20 refer to the following example. Red Diwn. a kpecialisf widjet fetaref stafted business on 1 January 2021 in the frit yoat, the business made the followeng transactions