accounting

Noreen Company reported the following comparative balance sheets 2019 2013 Assets Cash P112.750 R33 200 53 000 44 800 29 500 2200 27 500 8200 Accounts Receivable Inventory Prepaid rent Investments (long Term) Property, Plant and Equipment Accumulated Depreciation 17600 31 800 162000 149 450 61600 56 200 R216300 Total Assets R235900 R19 500 4 800 R16 900 3 500 9 600 5 500 7 100 3 600 Liabilities & Equity Accounts payable Interest Payable Wages payable Income taxes payable Notes payable Ordinary shares Retained Earnings 53 000 28 000 100 000 68 500 59 800 72 400 216300 235900 Total Liabilities & Equities MDP OCTOBERINOVEMBER 2 Additional Information: 2 2 Net income for 2019 was R20,500 Cash dividends of R7,900 were declared and paid during 2019 3 Long-term investments with a cost of R28,600 were sold for cash at a gain of R4,100 Additional long-term investments were purchased for R14,400 cash 4 Equipment with a cost of R14,800 and accumulated depreciation of R13,500 was sold for R3,800 cash New equipment was purchased for R27,350 cash 5 Depreciation expense was R18,900 6 A principal payment of R25,000 was made on long-term notes 7 Ordinary Shares was sold for R31,500 cash Required: Prepare a statement of cash flows for Ene using the indirect method to compute net cash flow trom operating activities