Additional information

$1.$ Operating expenses include depreciation expense of R$34000$ and amortisation of prepaid expenses of R$2000.$

$2.$ Land was sold at its book value for cash.

$3.$ Cash dividend of R$48000$ was paid in $2018.$

$4.$ Interest expense of R$8000$ was paid in cash.

$5.$ Equipment with a cost of R$36000$ was purchased for cash. Equipment with a cost of R$24000$ and a book value R$18000$ was sold for R$16000$ for cash.

$6.$ Loans were redeemed at their book value for cash.

$7.$ Ordinary shares were for cash.

Required

Use the information provided to prepare the cash flow statement using the direct method.