You are trying to prepare financial statements for Super Duper Company, but seem to be missing its balance sheet. You have the income statement which shows sales last year were R442 million with a gross profit margin of 36%. You also know that credit sales were equal to three quarters of Super Duper's revenue of last year. In addition, Super Duper has a collection period of 56 days, a payables period of 45 days, and an inventory turnover of 8 times based on the cost of goods sold.

Calculate the following:

a) Year-ending balance of accounts receivable. R Blank 1. Calculate the answer by read surrounding text. million

b) Year-ending balance of inventory. R Blank 2. Calculate the answer by read surrounding text. million

c) Year-ending balance of accounts payable. R Blank 3. Calculate the answer by read surrounding text. million