The following is a condensed balance sheet of Dooby (Pty.) Ltd.: Profits over the last five years have been R20 000, R25 000, R30 000, R24 OOC and R26000. A fair rate of return is regarded as 25% after tax. Required: 1. Value the ordinary share- Jusing the earnings basis. Expected annual profits are considered to be the average of the last five years. 2. Value the ordinary shares using the earnings basis. In estimating future annual profits, the profits for the last five years should be weighted as follows: Year 11 Year 22 Year 31 Year 42 Year 52