\begin{tabular}{|l|l|l|} \hline & 2022 & 2021 \\ \hline & R & R \\ \hline Share capital: Ordinary & 380 & 338 \\ shares & 500 & 300 \\ \hline Share capital: Preference & 291 & 264 \\ shares & 000 & 700 \\ \hline Retained earnings & 66200 & 48400 \\ \hline Long-term Ioan - ABC Bank & 88000 & 120 \\ & & 000 \\ \hline Land and buildings at cost & 623 & 401 \\ \hline & 000 & 000 \\ \hline Machinery and equipment at & 262 & 22 \\ \hline carrying amount & 300 & 71 \\ \hline Inventory & 83500 & 73000 \\ \hline Trade receivables control & 92700 & 83300 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Listed investments & 110 & 0 \\ \hline Bank & 000 & \\ \hline Trade payables control & 25200 & 46300 \\ \hline SARS (income tax) & 63400 & 48700 \\ \hline Dividends payable & 46200 & 62000 \\ \hline Dividends receivable & 0 & 0 \\ \hline Accrued expenses (wages) & 0 & 11400 \\ \hline Prepaid expenses & 11200 & 4200 \\ \hline Revenue & 805 & \\ \hline Cost of sales & 800 & \\ \hline Administrative, distribution & 160 & \\ \hline and other expenses & 200 & \\ \hline Fair value gain on listed & 8600 & \\ \hline investments & 400 & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Fair value gain on listed & 8600 & \\ investments & 20800 & \\ \hline Dividends income & 10100 & \\ \hline Loss on sale of machinery \\ and equipment & 55200 & \\ \hline Income tax expense & 15500 & \\ \hline Depreciation & 84400 & \\ \hline Wages & 14100 & \\ \hline Insurance expense & \\ \hline \end{tabular} 2. Additional information 2.1 The following pertains to property, plant and equipment: During the year machinery and equipment with a carrying amount of R95000 was sold for cash. This transaction has been correctly recorded. Land and buildings with a cost price of R110 000 were sold for cash at the same amount. Land and buildings are not depreciated All purchases of property, plant and equipment pertained to replacements and were paid in full. 2.2 On 29 September 2022 Honey Limited 2.2 On 29 September 2022 Honey Limited declared ordinary shares dividend of 50 cents per share whilst the preference shares dividends amounted to R40 800. 2.3 The interest expense paid on the longterm loan amounted to R16 800 and is not yet recorded. 2.4 On 31 August 2022, when the total number of ordinary shares issued were 120000 shares, the shareholders approved the capitalisation issue of one (1) ordinary share for every four (4) ordinary shares The capitalisation issue was done from retained earnings at R0,50 per share. All other issued shares were paid for in cash. QUESTION 6 Which of the following alternatives represents the correct amount that must be disclosed as dividends paid in the cash flows from operating activities section according to direct method in the statement cash flows of Honey Limited for the year ended 30 September 2022 ? \begin{tabular}{|l|l|l|} \hline & 2022 & 2021 \\ \hline & R & R \\ \hline Share capital: Ordinary & 380 & 338 \\ shares & 500 & 300 \\ \hline Share capital: Preference & 291 & 264 \\ shares & 000 & 700 \\ \hline Retained earnings & 66200 & 48400 \\ \hline Long-term Ioan - ABC Bank & 88000 & 120 \\ & & 000 \\ \hline Land and buildings at cost & 623 & 401 \\ \hline & 000 & 000 \\ \hline Machinery and equipment at & 262 & 22 \\ \hline carrying amount & 300 & 71 \\ \hline Inventory & 83500 & 73000 \\ \hline Trade receivables control & 92700 & 83300 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Listed investments & 110 & 0 \\ \hline Bank & 000 & \\ \hline Trade payables control & 25200 & 46300 \\ \hline SARS (income tax) & 63400 & 48700 \\ \hline Dividends payable & 46200 & 62000 \\ \hline Dividends receivable & 0 & 0 \\ \hline Accrued expenses (wages) & 0 & 11400 \\ \hline Prepaid expenses & 11200 & 4200 \\ \hline Revenue & 805 & \\ \hline Cost of sales & 800 & \\ \hline Administrative, distribution & 160 & \\ \hline and other expenses & 200 & \\ \hline Fair value gain on listed & 8600 & \\ \hline investments & 400 & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Fair value gain on listed & 8600 & \\ investments & 20800 & \\ \hline Dividends income & 10100 & \\ \hline Loss on sale of machinery \\ and equipment & 55200 & \\ \hline Income tax expense & 15500 & \\ \hline Depreciation & 84400 & \\ \hline Wages & 14100 & \\ \hline Insurance expense & \\ \hline \end{tabular} 2. Additional information 2.1 The following pertains to property, plant and equipment: During the year machinery and equipment with a carrying amount of R95000 was sold for cash. This transaction has been correctly recorded. Land and buildings with a cost price of R110 000 were sold for cash at the same amount. Land and buildings are not depreciated All purchases of property, plant and equipment pertained to replacements and were paid in full. 2.2 On 29 September 2022 Honey Limited 2.2 On 29 September 2022 Honey Limited declared ordinary shares dividend of 50 cents per share whilst the preference shares dividends amounted to R40 800. 2.3 The interest expense paid on the longterm loan amounted to R16 800 and is not yet recorded. 2.4 On 31 August 2022, when the total number of ordinary shares issued were 120000 shares, the shareholders approved the capitalisation issue of one (1) ordinary share for every four (4) ordinary shares The capitalisation issue was done from retained earnings at R0,50 per share. All other issued shares were paid for in cash. QUESTION 6 Which of the following alternatives represents the correct amount that must be disclosed as dividends paid in the cash flows from operating activities section according to direct method in the statement cash flows of Honey Limited for the year ended 30 September 2022