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QUESTION ONE The following financial information relates to Sporty Limited. Statement of Financial Position as at 31 December 2018 and 2019 Statement of comprehensive income

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QUESTION ONE 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 Statement of changes in equity for the year ended 31 December 2019 Dividends on ordinary shares R 60000 1 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)

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