The following is an extract from the financial statements of TPK (Pty) Ltd for the year ended 31 December 2022.

Infor:

Turnover (Sales) 702 000 Cost of sales (390 000) Gross profit 312 000 Other income 2 250 Operating expenses (164 250) Operating profit 150 000 Dividends received 18 750 Profit before taxation 168 750 Taxation (52 500) Dividends (30 000) Retained income for the year 86 250 Retained income at the beginning of the year 48 150 Retained income at the end of the year 134 400

TPK (Pty) Ltd Statement of Financial Position as at 31 December 2022.

ASSETS 2022 2021 Non-current assets 340 500 228 000 Land and buildings 178 500 127 500 Plant and equipment at carrying value 76 500 19 500 Listed investment 85 500 81 000 340 500 228 000 Current assets 181 650 129 750 Inventories 66 150 41 250 Trade debtors 110 250 78 750 Cash and cash equivalents 5 250 9 750 Total assets 522 150 357 750 EQUITY AND LIABILITIES Capital and reserves 318900 187650 Ordinary shares of R1 each 135000 97500 Share premium 18750 11250 Replacement reserve 30750 30750 Retained income 134400 48150 Non-current liabilities Long-term loan 157500 137850 Current liabilities 45750 32250 Trade creditors 37500 21000 SA Revenue Service (Income Tax) 4500 3750 Shareholders for dividends 3750 7500 Total equity and liabilities 522150 357750

Additional Info: operating profit was arrived at after allowing for the following: Profit on disposal of equipment 2250 Interest expense 12750 Depreciation 16500

During the year, equipment with a carrying value of R42 750,(Cost, R48 750) was sold for R45 000, and replaced at a cost of R41 250. All other assets (Land and buildings, R51 000, Plant and equipment, R150 000) were acquired for expansion purposes.

Cash and cash equivalents on 31 December 2021 comprised cash in the bank of R3 000, cash float of R900 and petty cash of R1 350. Cash and cash equivalents on 31 December 2022 comprised cash in the bank of R7 800 and petty cash of R1950

Required:

Prepare only the cash flow from operating activities and investing activities sections of the cash flow statement for the year ended 31 December 2022