please assist me as I'm not too sure if I've done this correctly

question 4.1

15 Question 4 (30 marks) re ho ve The following represents the financial statements of Cash Smart (Pty) Ltd. Use the information contained therein and other information provided to answer the questions that follow: Statement of Comprehensive Income for Cash Smart (Pty) Ltd for the year ended 30 June 2020 R'000 95 576 62 000 33 576 6 000 39 576 Sales revenue Cost of sales Gross profit Other operating Gross operating profit Operating expenses Operating profit Financing costs Profit before taxation Taxation for the year Profit after taxation 35 250 4 326 2 400 1926 578 1 348 Statement of Financial Position for Cash Smart (Pty) Ltd as at 30 June 2020 2020 2019 R'000 R'000 Assets Non-current assets Property, Plant and Equipment (@carrying value) 21350 19 850 Current assets Inventories 7 142 7 380 Trade receivables 15 952 12 988 Cash and cash equivalents 13 092 9 876 Total assets 57 536 50 094 Equity and liabilities Ordinary share capital (par value of R0.50) Share premium Retained earnings Non-current liabilities 12 000 6 000 10 000 5 000 4 607 5 235 chase November 2017 Furniture Cost 24 000 20 000 Long-term loan Current liabilities Trade payables Tax payable Total equity and liabilities 9 322 9 104 1 197 1 165 57 536 50 094 Additional information: ii. The company declared and paid a dividend of 3 cents per ordinary share at year-end 2020. The company no outstanding payment of dividends. A depreciation amount of R1 million was included in the operating expenses for the year ended 2020. There was no disposal of non-current assets but replacement equipment was purchased during the year ended 30 June 2020. iii. Required: 4.1 Prepare the Statement of Cash Flows for the year ended 30 June 2020 using the direct method. (20) 12 po Styles Editing Dictate Sensitivity Aa is A Font Sensitivity Paragraph 41.5.6.7.8.9. - 10 Styles Voice 11.12.2013 14:1.15 16 17 18 32 + 4.1 Cash flow of Cash Smart Itd Period ending on the 30 June 2020 Cash Flows from Operating Receipts from sales (w.n.2) 992612 Payments to creditors (w.n. 1) (Wn1) 61980 Other operating income 6000 Operating expense (35250-1000) 34250 (depreciation is a non-operating expense) Tax paid during year (w.n.3) 546 (wn3) Calculations I 1836