QUESTION ONE [25] The following financial information relates to Sporty Limited. Statement of Financial Position as at 31 December 2018 and 2019 Statement of comprehensive income for the year 31 December 2019 Page 2 of 6 Statement of changes in equity for the year ended 31 December 2019 Dividends on ordinary shares R 60000 Additional information 1. No equipment was purchased or sold during the financial year ended 31 December 2019 2. Ordinary shares were issued during the year. Required: Use the information provided above to prepare the cash flow statement for the year ended 31 December 2019 (indirect method). QUESTION ONE [25] The following financial information relates to Sporty Limited. Statement of Financial Position as at 31 December 2018 and 2019 Statement of comprehensive income for the year 31 December 2019 Page 2 of 6 Statement of changes in equity for the year ended 31 December 2019 Dividends on ordinary shares R 60000 Additional information 1. No equipment was purchased or sold during the financial year ended 31 December 2019 2. Ordinary shares were issued during the year. Required: Use the information provided above to prepare the cash flow statement for the year ended 31 December 2019 (indirect method)