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Can you pls assist with the statement of cash flows using the indirect method? Pls see attached photos Required: Take all the above information into

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Can you pls assist with the statement of cash flows using the indirect method?

Pls see attached photos

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Required: Take all the above information into account and prepare the statement of cash flows for Mode Lid for the year ended 30 June 2020. Use the indirect method. Your answer must comply with the International Financial Reporting Standards (IFRS) appropriate to this type of business. Show all workings. Round off all workings to the nearest Rand. (25QUESTION FOUR [25] The following information was extracted from the accounting records of Mode Ltd for the financial year ended 30 June 2020. Extract from: Statement of Profit or loss and other comprehensive income of Mode Lid for the year ended 30 June 2020 R Gross profit 1 440 000 Dividends received 43 000 Profit on sale of machine 75 000 Depreciation (15 000) Interest expense (180 000) Distribution, administration and other expenses (403 000) Taxation (420 000) Profit for the year after taxation 540 000Extract from: Statement of financial position of Mode Ltd as at 30 June 2020: ASSETS 30 June 2020 30 June 2019 R R Land and buildings 925 000 890 000 Machinery at carrying amount 875 000 250 000 Investments 235 000 385 000 Inventory 170 000 480 000 Trade debtors 140 000 400 000 Receiver of revenue - income tax 10 000 Nil Bank balance 30 000 15 000 Total assets 2 385 000 2 420 000 EQUITY AND LIABILITIES EQUITY 1565 000 940 000 Ordinary share capital 745 000 480 000 Retained earnings 820 000 460 000 LIABILITIES 820 000 1 480 000 Long term Borrowings 750 000 1 050 000 Trade creditors 60 000 352 000 Receiver of revenue - income tax Nil 43 000 Shareholders for dividends 10 000 35 000 Total equity and liabilities 2 385 000 2 420 000 Additional information: 1. Shares were issued for cash during the year. 2. Dividends of R180 000 were declared during the current financial year. 3. On 31 October, machinery with a carrying amount of R110 000 was sold for cash. A replacement machine as well as additional machinery was purchased for cash. 4. No long term borrowings were made during the year. 5. Investments were sold during the year. No new investments were purchased

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