4.2 The following information has been extracted from the financial records of Lulu Limited for the year ended 31 May 2020: R 720 000 Cash flows from operating activities Cash flows from operating activities Additions to plant and equipment Cash flows from financing activities Proceeds from shares issued (1 260 000) (1 260 000) 600 000 600 000 4.2.1 Calculate the cash balance as at 31 May 2020 if the cash balance on 31 May 2019 was R200 000 (favourable). (3) 4.2.2 Analyse the cash flows of the company. (7) 4.2 The following information has been extracted from the financial records of Lulu Limited for the year ended 31 May 2020: R 720 000 Cash flows from operating activities Cash flows from operating activities Additions to plant and equipment Cash flows from financing activities Proceeds from shares issued (1 260 000) (1 260 000) 600 000 600 000 4.2.1 Calculate the cash balance as at 31 May 2020 if the cash balance on 31 May 2019 was R200 000 (favourable). (3) 4.2.2 Analyse the cash flows of the company. (7)