Given information for the 32 questions below. Moletji Ltd is public company owned by two prominent business women and the local community trust around the Capricorn District Municipality. The company was founded in the year 2018 and the following information pertains to the company: Extract of accounts pertaining to the statement of financial position as at 31 December: Extra from the statement of financial position 2020 2019 R R Land and buildings at cost Vehicles at cost 647 200 529 500 227 700 111 900 Furniture at cost 68 300 58 100 Accumulated depreciation: Vehicles 49 700 38 700 Accumulated depreciation: Furniture 12 500 10 800 Share capital: ordinary shares 409 600 217 600 Share capital: 12% preference shares 211 100 145 100 Dividends receivable 2 300 Investments at fair value 134 100 SARS (income tax) 37 300 Dr 84 600 Loans from shareholders 29 300 Long-term loan Loans to directors Retained earnings Trade payables control Accrued security expense Dividends payable Prepaid expenses (advertising) Inventory Trade receivables control 95 900 76 600 40 800 11 800 384 900 302 100 51000 6000 37 300 41 300 1500 Bank 12 100 6 300 4 500 92 000 62 900 52 800 63 500 29 900 1600 Items disclosed in the statement of profit or loss and other comprehensive income for the year ended 31 December 2020: Extract from the statement of profit and loss Revenue Cost of sales Other operating expenses Administrative expenses (including salaries and wages) Dividend income: listed investments Interest expense Loss on sale on listed investments Fair value gain: listed investments Income tax expense Depreciation Profit on sale of non-current assets: furniture R 1 660 000 614 800 118 800 136 600 6900 9 600 2 800 12 600 196 100 33 100 550 Loss on sale of non-current asset: vehicle Profit for the year Additional information: 1. The following relates to property, plant and equipment: 10 200 505 000 On 31 October 2020, a vehicle with a cost price of R71 000 and accumulated depreciation of R50 000 (on 1 January 2020) was sold for cash. A replacement vehicle was bought on 1 December 2020. On 20 June 2020, furniture with a cost price of R4 000 and accumulated depreciation of R1 200 was sold for cash. A replacement furniture was bought on 31 July 2020. All other purchases were in cash. 2. It is the accounting policy of the company to provide for depreciation as follows: Vehicles: According to the diminishing balance method, at 20% per annum. Furniture: According to the straight-line method, at 25% per annum. 3. The following relates to the shares of the company: On 31 August 2020, the shareholders approved the capitalisation issue of one (1) ordinary share for every four (4) ordinary shares held. On that date the number of ordinary shares issued were 98 000 shares. The capitalisation issue was done from retained earnings at R0,50 per share. All other issued shares were paid for in cash. The company allotted and issued 45 000 ordinary shares and 12% preference shares on 31 October 2020. 4. On 15 December 2020, the company declared an ordinary dividend of 30 cents per share. The investments consist of listed shares in Mankweng Ltd, bought for R3 each on 1 January 2020. The company sold 4 000 of these shares on 30 November 2020. 5. The following relates to loans for the company: Interest on long-term loans is capitalised Loans to directors are interest free and immediately callable Loans from shareholders are interest free and repayable on 30 November 2022. Question 12 Which of the following alternatives represents the correct amount that must be disclosed as dividend paid in the cash flows from operating activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. 43 782 B. 68 982 C. (43 782) D. (68 982) Question 13 Which of the following alternatives represents the correct amount that must be disclosed as acquisition of listed investments in the cash flows from investing activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. (133 500) B. O C. 134 100 D. (134 100) Question 14 Which of the following alternatives represents the correct amount that must be disclosed as acquisition of listed investments in the cash flows from operating activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. (133 500) B. (134 100) C. O D. 134 100 Question 15 Which of the following alternatives represents the correct amount that must be disclosed as proceeds from sale of listed investments in the cash flows from investing activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. 12 000 B. O C. (12 000) D. 9 200 Question 16 Which of the following alternatives represents the correct amount that must be disclosed as proceeds from sale of listed investments in the cash flows from operating activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. (12 000) B. O C. 9 200 D. 12 000 Question 17 Which of the following alternatives represents the correct amount that must be disclosed as loans advanced to (received from) directors of the company in the cash flows from financing activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. 40 800 B. O C. (29 000) D. (40 800) Question 18 Which of the following alternatives represents the correct amount that must be disclosed as loans advanced to (received from) directors of the company in the cash flows from operating activities section of the statement of cash flows of Moletji Limited for the year ended 31 December 2020? A. 40 800 B. (40 800) C. O D. (29 000) Question 19 Which of the following alternatives represents the correct amount that must be disclosed as replacement of furniture under investment in property plant and equipment to maintain operating capacity in the cash flows from investing activities section according to direct method in the statement cash flows of Moletji Limited for the year ended 31 December 2020? A. 10 200 B. 14 200 C. (14 200) D. (10 200) Question 20 Which of the following alternatives represents the correct amount that must be disclosed as replacement of vehicles under investment in property plant and equipment to expand operating capacity in the cash flows from investing activities section according to direct method in the statement cash flows of Moletji Limited for the year ended 31 December 2020? A. (115 800) B. O C. (186 800) D. 115 800 Question 21 Which of the following alternatives represents the correct amount that must be disclosed as replacement of vehicles under investment in property plant and equipment to maintain operating capacity in the cash flows from investing activities section according to direct method in the statement cash flows of Moletji Limited for the year ended 31 December 2020? A. (186 800) B. 115 800 C. O D. (115 800) Question 22 Which of the following alternatives represents the correct amount that must be disclosed as additions to land and buildings under investment in property plant and equipment to maintain operating capacity in the cash flows from investing activities section according to direct method in the statement cash flows of Moletji Limited for the year ended 31 December 2020? A. (647 200) B. O C. 117 700 D. (117 700) Question 23 Which of the following alternatives represents the correct amount that must be disclosed as additions to land and buildings under investment in property plant and equipment to expand operating capacity in the cash flows from investing activities section according to direct met the statement cash flows of Moletji Limited for the year ended 31 December 2020? A. (117 700) B. O C. 117 700 D. (647 200)