REQUIRED

Use the information provided below to prepare the Cash Flow Statement of Alto Limited for the year ended $31$

December $2022.$

INFORMATION

The following amounts were obtained from the Statement of Comprehensive Income for the year ended $31$

December $2022$ and Statement of Financial Position of Alto Limited as at $31$ December $2022$ and $31$

December $2021$:

Note:

Dividends paid and recommended during $2022$ amounted to R$300000.$

All purchases and sales of inventories are on credit.

Some of the investments were redeemed during the financial year ended $31$ December $2022.$

Debtors are granted credit terms of $30$ days.