QUESTION 2 Mr Mofokeng TV is a factory worker who enjoys doing woodwork. He makes wooden toys and furniture to sell once a month at a craft market where he rents a stall. 2.1 Use the list of income and expenses below to draw up a budget for one month of Mr Mofokeng TV. Put income in the left-hand column and expenses in the right-hand column. Some of the expenses are for the whole year, so you need to work out how much it will be per month. 2.2 Take home pay R9 765 House payment R3 630 Water and electricity R850 Car payment R890 Petrol R625 Entertainment R200 Telephone R300 Groceries R1 200 Clothes R450 Instalment on loan R420 Municipal Rates & taxes R2 400 p.a. Sales at craft market R2 527 Savings for holiday R400 Newspapers & Magazines R210 Insurance (per year) R4 800 Rental of stall at market R50 (10) Considering Mofokeng's income and expenditure, will he have money over to save? Show ALL the calculations. (3) 2.3 Round off his house payment to the nearest R100 and his total income to the nearest R100 and then calculate what percentage of his total income he spends on his house payment. (4)