Study the statement of cash flows given below and answer the following questions: 1.1 Calculate the following: 1.1.1 Dividends paid 1.1.2 Carrying value (Book value) of the equipment sold 1.1.3 Cash and cash equivalents at the end of year 1.2 Identify TWO (2) items from this statement of cash flows that improve cash flow but do not increase profit. 1.3 Explain why depreciation is added to operating profit in computing the cash flow from operating activities. 1.4 There is a combination of a positive cash flow from operating activities of R1 504000 and a negative cash flow from investing activities of R8384000. Is this favourable for Sinclair Ltd? Provide THREE (3) reasons for your answer. 1.5 Comment on the following: 1.5.1 Decrease in inventory, R264 000 1.5.2 Increase in receivables, (R3 712 000) INFORMATION \begin{tabular}{|l|r|} \hline Decrease in payables & (664000) \\ \hline Cash generated from operations & 12200000 \\ \hline Interest paid & (3744000) \\ \hline Dividends paid & ? \\ \hline Income tax paid & (2880000) \\ \hline Cash flows from investing activities & (8384000) \\ \hline Non-current assets purchased & (10576000) \\ \hline Proceeds from sale of equipment & 2192000 \\ \hline Cash flows from financing activities & 8640000 \\ \hline Proceeds from issue of ordinary shares & 2880000 \\ \hline Increase in long-term borrowings & 5760000 \\ \hline Net increase in cash and cash equivalents & ? \\ \hline Cash and cash equivalents at beginning of year & 1440000 \\ \hline Cash and cash equivalents at the end of year & ? \\ \hline \end{tabular}