Use the information provided below to prepare the Statement of Financial Position $($Balance Sheet$)$ of Fiamma Limited as at $31$ March $2024.$ Where applicable, show workings in the space provided.

INFORMATION

The following balances were obtained from the accounting records of Fiamma Limited on $31$ March $2024,$ the end of the financial year:

R

$12\%$ Preference shares

$3600000$

Retained profit

$?$

Accumulated depreciation on equipment

$240000$

Accumulated depreciation on vehicles

$1800000$

Cash float

$18000$

Fixed deposit: Lenco Bank $($Maturity date $30$ June $2025)$

$1200000$

Shareholders for dividends$/$Dividends payable

$?$

Ordinary share capital

$7548000$

Long$-$term loan: Lenco Bank

$300000$

Creditors control

$270000$

South African Revenue Services: Company tax payable

$108000$

Debtors control

$2178000$

Bank overdraft

$120000$

Equipment

$2640000$

Vehicles

$7800000$

Inventory

$2220000$

Additional information

$$

The balance in the retained profit account at the start of the financial year $(01$ April $2023)$ was R$1500000.$

$$

The profit after tax for the year ended $31$ March $2024$ amounted to R$1000000.$

$$

The interim dividend amounted to R$430000$ whilst the final dividend $($payable during May $2024)$ was R$150000.$