Moletji 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 59 900 48 000 Accrued secunty 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: Furniture 15700 13 300 Share capital: ordinary shares 515 200 256 800 Share capital: 12% preference shares 265 500 177 900 Retained earnings 484 100 370 400 Inventory 115 700 77200 Dividends payable 46 900 14 900 Dividends receivable 3 000 2 500 SARS (Income tax) 46 900 Dr 103 800 Trade receivables control 66400 77 900 Prepaid expenses (advertising) 7900 5 500 Bank 37 600 2 100 tome disclosed in the statement of profit or loss and other comprehensive income for the year ended 31 December 2020: Revenue Cost of sales Proton sale of non-current assets tumiture Loss on sale on listed investments Dividend income, listed investments Fair value gain lated investments Other operating expenses Administrative expenses including salaries and wages) Depreciation Lots on sale of non-current asset vehicle Interest expense Income tax expense Pot for the year 2 107300 760 500 900 3.600 900 14900 140 000 161 700 51 500 12 100 11 500 282 100 507600 Additional information 1. The following relates to property, plant and equipment 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 fumiture with a cost price of R4000 and accumulated depreciation of R1 200 was sold for cash. A replacement future was bought on 31 Juy 2020 Al other purchases were in cast 2 ts the accounting policy of the correany to provide for depreciation as follow Vehicles According to the diminishing balance method at 20% per annum Furniture: According to the straightene method, at 25% per annum The following relates to the shares of the company . On 31 August 2020, the shareholders approved the capitalisation issue of one ordinary share for every four (4) ordinary shares held. On that date the number of ordinary shares issued were 38 000 shares. The capitation issue was done from retained camnings at RO 50 per share. All other issued Shares were paid for in cash The company allotted and insued 45000 ordinary shares and 129 preference shares 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 Marikwerg Ltd bought for 3 each on 1 January 2020. The company soid 4 000 of these shares on 30 November 2020. The following relates to loans for the company . Interest on long-term loans is capitalised Loans to directors are interest free and immediately calable. Loans from shoreholders are interest free and repayable on 30 November 2022. QUESTION 10 Which of the following alteratives represents the correct amount that must be disclosed as income tax paid in the cash flows tom operating activities section of the statement of cash flows of Molet Limited for the year ended 31 December 2020? A. (2678001 B.230 000 C. (1400) D. (289 000) E. (75 800) F70 4001 Reset Selection Question 11 of 2 2.5 Points QUESTION 11 Which of the following alternatives represents the correct amount that must be disclosed as dividend received in the cast fows from operating activities section of the statement of cash flows of Molo Limited for the year ended 31 December 2007 A. 7500 8600 C. 3800 0.500 E. 400 F. 8900 Riccion Question 12 of 32 3.5 Points 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 flow of Molet Limited for the year ended 31 December 2020? A. (37014) 3. (36 806) C. 36 610) - D. (43 025) L. 41 300) (44474) Reset Selection 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 20202 A. (145400) . B. C. (125300) D. (125 500)