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* * Required : Prepare the cash flow statement for the year ended 30 April 2021.

The following information was extracted from the accounting records of Tutima Traders on 30 April 2021, the last day of their financial year. Information Extract from the Statement of Comprehensive Income R 16 000 Depreciation Interest expense Income tax for the year 18 000 15 000 Net profit after tax 26 100 Extract from Statement of Financial Position R R 30 April 2021 310 000 30 April 2020 220 000 Tangible assets at carrying value Inventories 50 000 35 000 Trade debtors 60 000 65 000 Cash on hand 3 000 15 000 Bank overdraft 32 000 0 2 000 1 000 Prepaid expense (Interest on loan) Ordinary share capital Share premium 160 000 100 000 45 000 30 000 Retained income 81 000 75 000 Loan from Pinetown Bank 58 000 49 000 45 000 59 000 Trade creditors Shareholders for dividends 9 000 12 000 (Receivable) 8 000 SARS-income tax (Payable) 14 000 1. Additional information A. Some fixed assets were sold for R37 000 cash at carrying value and additional fixed assets were purchased during the year. B. Interim dividends at R8100 was declared and paid on 31 October 2020. C. Final dividends were declared on 30 April 2021 and will be paid on 19 May 2021