The following information has been extracted from the financial statements of Cafca Limited.

Statement of Financial Position as at $31$ December $2023$

Sales for $2023$ amounted to R$3600000$ and is forecasted to increase to R$4200000$ in $2024.$ The

company uses the percentage of sales to forecast current assets.

On $31$ December $2024,$ accounts receivable will be projected in the statement of financial position at an

amount of:

A$.$ R$648000$

B$.$ R$756000$

C$.$ R$623000$

D$.$ R$555429$