QUESTION FIVE [10] The following information was extracted from the accounting records of Humid Limited for the year ended 31 May 2020: Humid Ltd Summary of the statement of profit and loss and other comprehensive income for the year ended 31 May 2020 Sales Cost of sales 31 May 2020 R 1 840 000 (980 000) 860 000 Gross profit Other income Commission income Profit on sale of non-current asset 185 000 123 000 62 000 Distribution administration and other expenses Audit fees Depreciation Salaries and wages (625 000) 58 000 80 000 402 000 Other expenses 85 000 Finance cost Interest on borrowings (40 000) 40 000 Profit before taxation 380 000 Income tax expense (80 000) Profit / total comprehensive income for the year 300 000 Humid Ltd Extract from the statement of financial position as at 31 May 2020. 31 May 2020 R 90 000 31 May 2019 R 122 000 5 800 298 000 5 000 Inventories - merchandise Stationery Trade debtors Bank Trade creditors Prepaid expenses Accrued expenses 53 000 330 000 147 000 170 000 4200 16 800 178 000 1 800 17 600 Required: Prepare the following section of the statement of cash flows of Humid Limited for the year ended 31 May 2020: "Cash generated by operations" section only Note that the entire "cash flows from operating activities" section is not required. Humid Limited uses the indirect method to prepare its statement of cash flows