The following financial information was extracted from the accounting records of Eytan Ltd for the year end 30 June 2021: Issued share capital Authorised share capital 500 Class A (Ordinary shares of R1 each) 500 000 Class A (Ordinary shares of R1 each) Sales (Turnover) Gross margin on sales percentage R100 000 15% Total asset turnover 1.60:1 Return on total assets after interest and tax 11.52 % R30 000 2.5:1 Net working capital Current ratio Acid test ratio Current liabilities (including Dividends payable) Debt to equity ratio (using interest bearing debt) Retained earnings at the beginning of the year Dividends proposed and paid 1.3:1 R20 000 0.55:1 (55%) R22 000 R4.40 per Class A share Notes 1. Taxation is calculated at 28% of Net Profit before Taxation. 2. Interest expense is 27.78 % of Net Profit after Taxation. REQUIRED: Prepare the Statement of Comprehensive Income and the Statement of Financial Position as at 30 June 2021. You are required to provide only the details which you are able to extract from the information given above. (Please round all figures to the nearest RAND) (13 marks) Bonus Question Briefly explain why the following term "500 Class A (Ordinary shares of R1 each)" is incorrect. (1 mark)