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Prepare an Income Statement for Driekop Store for the year ended 28 February 2026, given sales, discount received, fee income, and water & electricity expenses.

Accounting

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Here's the completed Income Statement based on the information provided. We will fill in the values that can be calculated directly from the given figures. For items where no specific value or calculation method is provided, we will indicate that the information is missing.

Driekop Store
Statement of Comprehensive Income for the year ended 28 February 2026

Step 1: Identify known values.
From the image, we have:

  • Sales: R 1 500 000\text{R } 1\,500\,000
  • Discount received: R 4 350\text{R } 4\,350
  • Fee income: R 89 730\text{R } 89\,730
  • Water and electricity: $\text{
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