Motivated Ltd is a retailer selling inspirational books. The following information was provided for the year ended 28 February 2022:

Additional Information:

1. Dividends were not declared during the year ended 28 February 2022.
2. Equipment with a book value of R 20 000 was sold during the year.
3. The company raised loans of R 14 000 during the year ended 28 February 2022.
4. The operating costs included in the statement of comprehensive income for the year ended 28 Febriary 2022 included the follwing erms

Bank Chrages 2000

Wages Expense 24000

Rent expense 10000

Depreciztion expense 4000

Profit on disposal of equipment 3000

1. 20 000 Class A shares were issued for 50c each during the year and share issue costs of R 2 000 were paid in this transaction.

Required:

Prepare the statement of cash flows for motivated LTD for the year ended 28 February 2022, Motivated ltd uses the indirect method to prepare its statement of cash flows. Show all workings statement of Motivated for the year ended 28 Febraury 2022, usingin the indirect method.

Prepare the statement of cash flows for motivated LTD for the year ended 28 February 2022, Motivated ltd uses the indirect method to prepare its statement of cash flows. Show all workings statement of Motivated for the year ended 28 Febraury 2022, usingin the indirect method.