Question 1 President Matamela Cyril Ramaphosa announced the following on 25 July 2021 regarding the economic measures in response to the corona virus Covid-19 pandemic: Deferment payment of Pay As You Earn (PAYE) taxes for a period of 3 months to provide businesses with additional cash flow, with an automatic deferral of 35 % of PAYE liabilities for employers with revenue below R100 million. Bubi Ltd qualifies for the above measure as its revenue is R5 000 000.00. The PAYE payable to SARS for January 2021 to June 2021 is R150 000.00, the cashflow from customers for the same period is R2 100 000.00 and the cash outflow to suppliers is R1 050 000.00. These amounts are distributed evenly through January 2021 to June 2021. 1.1) Demonstrate Bubi Ltd's cashflow for the 6 months status prior to this measure announcement (8) 1.2) Calculate the automatic deferred PAYE amount. (3) 1.3) Interpret the impact of this measure on Bubi Ltd's net cashflow. (2)