ANNEXTURE I: FORMATIVE ASSESSMENT 2 capital contribution in the accounting records of the CC. This was the only addition and disposal of vehicles for the financial year. - Furniture with a carrying amount of R 30000 was disposed of for R25 000, whereas one new item of furniture was purchased during the financial year. There were no other purchases or disposals of furniture. A leak in one of the water pipes caused certain furniture to be damaged. It was thus decided to impair the furniture by R25 000. Depreciation of all furniture during the financial year (including that of the furniture disposed and purchased) totaled R180 200. - There were no other transactions affecting property, plant, and equipment during the financial year other than those mentioned above. All assets have a zero residual value. - The accounting policy is to measure and disclose all land and vehicles on the cost model but the equipment on the revaluation model. REQUIRED: Prepare the Statement of Cash Flows of Lilliput's Travels CC for the financial year ended 30 June 2022. Ignore VAT. Show all workings clearly. (65 marks) Aligns to SAICA competencies: ANNEXTURE I: FORMATIVE ASSESSMENT 2 capital contribution in the accounting records of the CC. This was the only addition and disposal of vehicles for the financial year. - Furniture with a carrying amount of R 30000 was disposed of for R25 000, whereas one new item of furniture was purchased during the financial year. There were no other purchases or disposals of furniture. A leak in one of the water pipes caused certain furniture to be damaged. It was thus decided to impair the furniture by R25 000. Depreciation of all furniture during the financial year (including that of the furniture disposed and purchased) totaled R180 200. - There were no other transactions affecting property, plant, and equipment during the financial year other than those mentioned above. All assets have a zero residual value. - The accounting policy is to measure and disclose all land and vehicles on the cost model but the equipment on the revaluation model. REQUIRED: Prepare the Statement of Cash Flows of Lilliput's Travels CC for the financial year ended 30 June 2022. Ignore VAT. Show all workings clearly. (65 marks) Aligns to SAICA competencies