Cape Tech Ltd. which is based in South Africa is a manufacturing firm that also invests in various assets. Below are the events that took place during the year ended 31 December 2023: 1. Sale of Property, Plant, and Equipment (PPE): On 15 March 2023, Cape Tech Ltd. sold one of its old manufacturing machines that were no longer in use. The machine, originally bought for R2 000000 , was sold for R500 000 . 2. Sale of Long-Term Investments: Cape Tech Ltd. also invests in the JSE market. On 30 June 2023, they sold some of their holdings in a tech company. The shares were originally purchased for R1 000 000 and were sold for R1 400000 which created a profit of R400 000 . 3. Purchase of Intangible Assets: Cape Tech Ltd. recognised an opportunity to streamline its manufacturing process by acquiring a new patent from another firm. An agreement was reached on 1 September 2023 , to purchase this patent for a total of R1 000000 . However, the terms of the deal stipulated that Cape Tech Ltd. would only make a down payment of R200 000 in the current year, with the remaining R800 000 to be paid in the 2024 year. 4. Maturity of a Non-Trading Financial Asset: The company had invested R1 600000 in debentures of another firm as a non-trading financial asset. On 15 October 2023 , the debentures matured. The company received the principal amount of R1 600000 . 5. Insurance Settlements: Cape Tech Ltd. received an insurance settlement of R300 000 on 30 November 2023. This relates to damages to a piece of equipment that occurred during the year. 6. Repayment of Long-Term Debt: On 15 February 2023, Cape Tech Ltd. repaid a portion of a long-term loan amounting to R5 000000 . 7. Payment of Dividends: On 30 April 2023, Cape Tech Ltd. paid dividends to its shareholders, amounting to R3 000000 . 8. Redemption of Bonds: On 31 July 2023, Cape Tech Ltd. redeemed bonds (debt instruments) payable worth R4 000000 . 9. Decrease in Short-Term Borrowings: Due to a strong cash position towards the end of the year, Cape Tech Ltd. reduced its short-term borrowings by R500 000 on 15 December 2023. REQUIRED: Prepare the Cash flows from investing activities and Cash flows from financing activities section of Cape Tech Ltd.'s statement of cash flows for the year ended 31 December 2023, using the direct method