Extracts from the Statement of Financial Position as at 28 February 2022
	2022	2021
	R	R
Inventory	300 000	340 000
Trade and other receivables	113 500	95 000
Trade and other payables	159 000	102 000
SARS Income tax	18 000 (DR)	50 000 (CR)

Extracts from the Statement of Financial Performance for the year 28 February 2022

	2022	2021
	R	R
Net profit before tax	1 050 500	1 350 000
Income Tax	440 000	520 000
Interest on loans	53 000	44 000
Dividend Paid	380 000
Depreciation	55 000	45 000
Required: 4.1 Prepare the Reconciliation between Profit before Taxation and Cash Generated from
Operations Note. 4.2 Prepare an extract of the Cash Flow Statement showing Cash Flows from Operating
Activities.