Prepare an extract of the Statement of Cash Flows of Bright Sparks (Pty) Ltd for the financial year ended 31 December 2022, using the direct method. Instructions:

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HFAC130-1-Jan-June2023-SA1-LVN-V2-20230307

Prepare the Cash flows from operating activities. Prepare the Cash generated from operations. Prepare the Net cash flow from operating activities. Ignore Cash flows from Investing and Financing activities. Show all workings clearly.

Always round up to the nearest rand where applicable.