f Question 1 - PART B Joocy Ltd is a manufacturing company. For the quarter to 31 March 2020, the following information is given: Sales (standard rated) 112,000 Sales (zero rated) 57,465 Purchases (standard rated) 48,780 Entertaining (Note 1) 12,483 Bad debt written off (Note 2) 2,000 Car expenses (Note 3) 880 164,14 3) Net profit 105,32 2 Notes 1. The entertaining expenses account breaks down as follows: Entertaining clients 3,758 Entertaining staff 8.725 12,483 2. The bad debt arose on a sale to a customer in July 2018, with payment being due by 31 August 2018. 3. The car expenses comprise the annual service and MOT on the Director's company car, along with petrol costing 479. The relevant fuel scale charge is 336. All figures are stated net of VAT apart from the fuel scale charge. REQUIRED: Calculate the net VAT payable for the quarter. 8 marks