On 29 February 2024, Ngwenya (Pty) Ltd had a closing stock on hand at the warehouse, valued at R2 300 000. During the 2025 year of assessment the company sold trading stock for R2 800 000. Due to some financial constraints, the company did not buy any trading stock during the 2025 year of assessment and had closing stock valued at R400 000 on 28 February 2025. Assume the cost and market value is the same.