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REQUIRED Use the irformation provided bebw to prepare the Statement of Chenges in Equity of Sunray Traders tar the year ended 25 Febnacy 2023. The

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REQUIRED Use the irformation provided bebw to prepare the Statement of Chenges in Equity of Sunray Traders tar the year ended 25 Febnacy 2023. The following must be considered: (a) On 28 Feonary 2023 ne Satement af Comprobunsine income roflactod a net profitof R1 400000 his capey otrmibution by R200 000 on 31 Aught 2022 mhist Sumpy increased his cacital bavatce by The following must be considered: (a) On 28 February 2023 the Statement of Comprehensive Income reflected a net profit of R1 400000. (b) The partners are entited to interest at 15% p.a. on their capital balances. Note: Raymond decreased his capital contritution by R200 000 on 31 August 2002 whilst Sunny increased his capital balance by the same amount on 01 December 2022. These capital changes have been recorded. (c) The parthers are entitled to the following monthly salaries: Sunny R25 000 Raymond R20000 (d) Raymond is entited to a bonus equal to 10% of his annual salary. (e) The remaining profitshortall must be shared between Sunny and Raymond in the ratio of the capital balances as at the beginning of the financial year

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