REQUIRED Prepare the Pro Forma Statement of Financial Position as at 31 December 2023 from the Statement of Financial Position and additional information provided below: INFORMATION The financial position of Gatti Limited as at 31 December 2022 is reflected the following statement: Additional information The following must be taken into account for 2023: - Sales are forecast at R60 000000 , with a profit margin of 10% and a gross margin of 30%. Fifty percent (50%) of the sales is expected to be for cash and the balance is on credit. - The debtor collection period is expected to be 36.5 days. All purchases of inventories are expected to be on credit and are estimated to total R48 000000 . The creditor payment period is estimated to be 73 days. Equipment with a cost price of R8 000000 is expected to be purchased on 01 July 2023. Total depreciation is expected to be R80000 for the year. - The maturity dates of the fixed deposits are as follows: R80 00001 May 2023 R120000 31 May 2025 The loan balance is expected to be reduced by R60000. The directors are expected to recommend a final dividend of R4 000 000, payable during 2024 . A bank balance of 1% of sales is desired. Ordinary share capital will remain unchanged. The amount of external non-current funding required must be calculated (balancing figure)