Revision Exercise The bookkeeper of Mobile Telephone Sales Ltd has provided you with the following balances that have been extracted from the annual financial statements for the year ended 28 February 2016. The bookkeeper is interested to know whether the normal trading activities of the business have generated sufficient cash to pay all its non-discretionary expenses during the year. Additional Information: The following additional information had been made available for the 2016 financial year: a) Non-current assets with a carrying value R35000 were sold for cash. b) The company declared a final dividend of R30 000 on the last day of the current financial year. An interim dividend of R22 000 had been declared on the 31 August 2015 and paid in cash on 23 September 2015. c) The bookkeeper estimated that the company would be liable for income tax to the amount of R34000. d) Rent income eamed during the year has been received and no amounts were outstanding or prepaid as at 28 February 2016. e) The following amounts are included in operating expenses: Required: Prepare ONLY the Cash Flow from operating activities section of the statement of cash flows UNDER THE INDIRECT METHOD for the year ended 28 February 2016. Notes are required. Comparatives are not required