REQUIRED Study the information given below and prepare the following: 3.1 Statement of Net Investment of Partners for the year ended 28 February 2023. (12 marks) 3.2 Current account of Wendy in the general ledger. (Balance the account) (8 marks) INFORMATION The information given below was extracted from the accounting records of Wendywood Traders, a partnership business with Wendy and Wood as partners. The following must be considered: (a) The net profit according to the statement of comprehensive income amounted to R1 600000 on 28 February 2023. The sales for the year ended 28 February 2023 amounted to R4 000000. (b) The partnership agreement makes provision for the following: Interest on capital must be provided at 12% per annum on the balances in the capital accounts. Note: The partners increased their capital contributions by R200 000 each on 28 February 2023. The capital changes have been recorded. The partners are entitled to the following monthly salaries: Wendy R24 000 Wood R23 000 Wendy is entitled to a special bonus equal to 5% of the annual sales. Wendy and Wood share the remaining profits or losses in the ratio 3:2 respectively. The drawings account of each partner must be transferred to their respective current accounts