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1. When forming the company, how much did Sheila pay for her shares? How much did her
mother pay for her
shares? (5 marks)
2. At the end of 2023, what portion of the loan aid Uncle Harry want paid off in 2024? How
much of the loan did KAL actually pay off in 2024? What was the total amount of cash
received by Harry in 2023
and 2024? (5 marks)
3. Calculate the curr

1 When forming the company how much did Sheila pay for her shares How much did her mother pay for her shares 5 marks 2 At the end of 2023 what portion of the l class=


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