Calculate the amount payable (VAT inclusive) if inventory for the amount of R8 850 (VAT exclusive) was purchased by a business registered as a VAT vendor. The applicable VAT rate is 15%:

NB: Instructions

1. Do not type the amount with any spaces as separators for thousands (eg: 10650)

2. Use a full-stop to indicate any decimals (eg: 1000.01)

3. Only show the amount, do not show the R (eg: 12141.72)