REQUIRED Use the relevant information from the transactions of GH Traders provided below to answer the following questions: 2.1 Calculate the total income, total expenses and net profit (loss) for the month ended 31 October 2023. (5 marks) 2.2. Prepare the Statement of Financial Position as at 31 October 2023. (15 marks) \begin{tabular}{|c|c|} \hline 14 & Cash sales to date, R30 000 (Cost of sales R20 000). \\ \hline 18 & Invested R20 000 in a fixed deposit account at an interest rate of 8% per annum for two years. \\ \hline 20 & Purchased a portable air-conditioner on credit for R8 000 . \\ \hline 21 & \begin{tabular}{l} A direct deposit was made into the bank account of GH Traders by RD Publishers for 100 \\ books sold on their behalf. A commission of 12% on the books, which were sold for R 80 each, \\ was received. \end{tabular} \\ \hline 24 & Received 60% of the amount owed by debtor K. Rogers. Allowed him a discount of R40. \\ \hline 27 & Paid R800 to creditor KL Suppliers in part settlement of account. \\ \hline 29 & \begin{tabular}{l} The proprietor drew R5 000 cash from the bank account of the business for her personal use. \\ Paid salaries of R 15000 bv FFT \end{tabular} \\ \hline 30 & \begin{tabular}{l} Paid salaries of R 15000 by EFT. \\ The bank statement reflected hank \end{tabular} \\ \hline \multirow[t]{2}{*}{31} & The bank statement reflected bank charges of R500. \\ \hline & Cash sale to date, R40 000 (Cost of sales R28 000). \\ \hline \end{tabular}