Kembang Berhad is an established beauty product company that situated in Ipoh, Perak. The following information is required to complete Kembang Berhad statement of cash flows for the year ended 31 December 2022.

The draft reconciliation of profit before tax to cash generated from operations shows 'Cash generated from operations' as RM195,620. All transactions have been correctly dealt with in the statement of financial position and statement of profit or loss. However, no adjustments have yet been made in the statement of cash flows and related notes for any of the transactions below in relation to property, plant and equipment or the lease.

On 1 January 2022, Kembang Berhad commenced a lease contract for the right to use a new machine. The lease is for the remainder of the useful life of the machine (eight years) and lease payments of RM22,150 are made annually in arrears on 31 December. On 1 January 2022, the present value of future lease payments was RM72,000. Depreciation of RM9,000 on the right-of-use asset has been charged correctly for the year to 31 December 2022.

During the year ended 31 December 2022 the following additional transactions occurred in respect of property, plant and equipment:

Depreciation of RM37,800 was charged in respect of property, plant and equipment.

Fixtures and fittings were acquired for cash.

A machine was sold, making a loss of RM6,150. The machine had a carrying amount of RM15,000 at the date of disposal.

Equipment with a carrying amount of RM3,700 was scrapped

Requirement

a) Prepare an extract from Kembang's statement of cash flows for the year ended 31 December 2022, showing: cash flows from investing activities; cash flows from financing activities. (8 marks)

b) Calculate a revised figure for 'cash generated from operations'. (4 marks)

Statement of financial position at 31 December 2022 (extract)