The following information was obtained from the accounting records of Mzinto

Ltd on 1 October 2022.

Additional

information:

a) 

300 000

Ordinary shares were issued at R4 each at incorporation, on 1 October 2019.

b)

100 000 Ordinary shares were issued at R5

each, and 12 000 10% cumulative preference shares issued at R8.50 per share on

1 February 2023.

c) 

On 1 May 2023, a capitalisation issue of one

new ordinary share for every five ordinary shares held was made from available

profits, at R7.50 per share.

d) 

An ordinary dividend of 12c per

share was declared to all registered ordinary shareholders on 30 September

2023. The company did not pay or declare any dividends during the previous

financial year.

The amount of equity of Mzinto Ltd for the financial year end 30 September 2023 is?