Moleti Ltd is public company owned by two prominent business women and the local community trust around the Capricom 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: 2020 2019 R R Long-term loan 112 500 89 100 Loans to directors 47 900 13 800 Loans from shareholders 11 100 34 100 Trade payables control 59 800 48 000 Accrued security expense 7100 1 800 Land and buildings at cost 758 700 615 500 Vehicles at cost 267 100 130 100 Furniture at cost 86 000 71 300 Investments at fair value 168 700 Accumulated depreciation: Vehicles 62 600 47 600 Accumulated depreciation: Fumi 15 700 13 300 Share capital: ordinary shares 515 200 256 BDO Share capital: 12% preference shares 265 500 177 900 Retained earnings 484 100 370 400 Inventory 115 700 77 200 Dividends payable 46 800 14 900 Dividends receivable 3 000 2 500 SARS (Income tax) 46 900 Dr 103 800 Trade receivables control 86400 77 900 Prepaid expenses (advertising) 7 900 5500 Bank 37 600 2100 Items dieclosed in the statement of profit or lose and other comprehensive income for the year anded 31 December 2020: Revenge Cost of sales Piott on sale of non-current assets: tumuture Loss on sale on listed investments Dividend income listed investments Fal value gainlisted investments Other operating expenses Administrative expenses (including salaries and wages) Depreciation Loss on sale of noncurentaseet vehicle Interest expense Income tax expense Profit for the year 2 107300 730 500 sod 3600 8900 14 900 140 000 161 700 51500 12100 11 500 232 100 597000 . Additional information: 1. The following relates to property, plant and equipment On 31 October 2020, a vehide 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. uriture 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 ts the accounting policy of the company to provide for depreciation as follows: Vehicles. According to the diminishing dance method at 20% per annum Future: According to the straightene metod, at 25% per annum 2. 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 states issued were 98 000 shares. The capitalisation issue was done tiom retained earnings at RO 50 per share. All other issued shares were paid for in cash The company allotted and insued 45 000 ordinary shares and 12 preference share on 31 October 2020 On 15 December 2020, the company declared an ordinary dividend of 30 cents per share. 4. The Investments consist of isted shares in Mankweng Ltd, bought for R3 each on 1 January 2020. The company sold 4000 of these shares on 30 November 2020. 5 The following relates to loans for the company Interest on long-term kans is capitalised Loans to directors are interest free and immediately calable. Loans from shareholders are interest free and repayable on 30 November 2022 . QUESTION 22 Which of the following alternatives represents Te 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 rows from investing activities section according to direct method in the statement cash flows of Moleh Limited for the year ended 31 December 2007 A. 105300 B. (105300) C. (122 000) . D. 122 900 E. (143 200) FO Reset Selection Question 23 of 32 25 Points QUESTION 23 Which of the following alternatives represents the correct amount that must be discicoed 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 method in the statement cash flows of Me Limited for the year ended 31 December 2020? A. 122 900 B. (105300) C. (143 200) DO E. 105300 F. (1223001 Reser Selection Question 24 of 32 45 Points QUESTION 24 Which of the following alternatives represents the correct amount that must be disclosed as proceeds on sales of vehicles in the cash Tows from imesing activities section according to direct method in the statement cash flows of Moley Limited for the year ended 31 December 2020? A. 10 200 - 8.7 900 . C. 5400 D. 6 700 E8900 . F 11 400 Reset Selection QUESTION 25 Which of the filowing alternatives represents the correct amount that must be disclosed as proceeds on sales of furniture in the cash flows from investing activities section according to direct method in the statement cash flow of Moet Limited for the year ended 31 December 20207 A 3500 . B 4 700 . C3100 . D. 4300 E. 4900 F. 3700