You are required to prepare the balance sheet as on 31 December 2019, by using net change method of CPP to answer the following MCQs Interest on Debentures paid on 31st December 2019 The general price index during the year was as follows: On 1st January 2019 = 300, On 31st December 2019 = 360, Average for the year 2010 = 320 Assets 1/1/2019 31/12/2019 1/1/2019 31/12/2019 Liabilities 600,000 510,000 Share capital Plant 700,000 700,000 Furniture 80,000 72,000 10% debentures 200,000 200,000 Inventory 120,000 140,000 Current liabilities 200,000 200,000 Debtors 100,000 100,000 Retained earnings 174,000 Cash 200,000 452,000 1,100,000 1,274,000 1,100,000 1,274,000 The CPP value of Inventory after conversion is O a R0 157000 O b. RO 132500 Oc RO 120000 O d. RO 157500 The CPP value of Plant after conversion is . RO 612,000 O b. RO 520,000 O c. RO 610,000 O d. RO 510,000 The CPP value of Furniture after conversion is O RO 81,600 Ob RO 82,300 O c. RO 86,400