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On 28 February 2022 the share register reflected that a total of 690 000 shares had been issued to date. Fixed assets: Additional property was

On 28 February 2022 the share register reflected that a total of 690 000 shares had been issued to date. Fixed assets: Additional property was purchased for R2 100 000. No other fixed assets were purchased. Equipment was sold at carrying value. REQUIRED: Calculate the following figures that will appear on the Cash Flow Statement: 1.1 Income tax paid. (5 Marks) 1.2 Proceeds from disposal of fixed assets (carrying value). (5 Marks) 1.3 Net change in cash and cash equivalents. Indicate whether this is a net inflow or net outflow of cash. (5 Marks) 1.4 Complete the section of the Cash Flow Statement for cash effects of financing activities. (12 Marks)

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