This information relates to the $24$ questions below:

SolaMin CC is a profitable business in the maintenance of solar systems for mines in Ermelo, Mpumalanga. The CC has presented you with the following information for the preparation of the statement of cash flows for the previous financial year ended $31$ August $2023$:

Extract from the statement of financial position as at $31$ August $2023$:

$20232022$

R R

Long$-$term loan $323,800225,200$

SARS $$ current tax payable $72,20051,000$

Trade payables control $158,90085,900$

Loans from members $137,80014,200$

Accrued water and electricity expenses $7,0003,400$

Distribution to members payable $92,700128,300$

Revaluation reserve $18,600-$

Retained earnings $273,60094,000$

Members$$ contributions $1,828,6001,681,600$

Fixed deposit $25,10012,800$

Vehicles at cost $147,000-$

Equipment $($at cost$)695,700617,300$

Land and buildings $1,051,700795,100$

Accumulated depreciation: equipment $107,80038,100$

Loans to members $87,20028,000$

Trade receivables control $66,90052,000$

Investment $($at fair value$)277,200-$

Inventory $150,30085,900$

Prepaid security expense $53,90044,500$

Dividend receivable $55,100232,300$

Bank $504,000707,500$

Extract from the statement of profit or loss and other comprehensive income for the year ended $31$ August $2023$:

R

Revenue $$ sale of maintenance parts $1,701,600$

Revenue $$ maintenance services $1,013,800$

Cost of sales $935,800$

Travel expenses $32,100$

Repairs and maintenance expenses $38,900$

Other operating expenses $266,000$

Water and electricity $108,800$

Depreciation on equipment $191,400$

Security expenses $64,400$

Profit on sale of equipment $19,100$

Interest income on loans to members $11,000$

Interest expense on loans from members $24,000$

Interest expense on long term loans $19,300$

Investment income: dividend income $23,200$

Income tax expense $168,900$

Additional information

$1.$ The company adopts the direct method for presenting cash flows from operating activities.

$5.$ Interest on loans given to and obtained from members is capitalised. All loans to members are immediately callable, while the total amount due to partners is payable on $30$ June $2026.$

$7.$ The company maintains a strategic investment in $11,000$ ordinary shares of Ermelo Energy Resources Ltd$,$ a move that aligns with its core business by investing in a company that is also involved in the renewable energy sector. This investment was acquired at a cost of R$24($per share$)$ and the shares traded at R$25\mathrm{.}2$ on $31$ August $2023.$

$10.$ One of the members contributed a second$-$hand bakkie to the CC for use by the maintenance team to carry spare parts when travelling to different client sites. No other contributions were made by the members to the CC$.$

Which of the following alternatives represents the correct amount that must be disclosed as acquisition of listed investments under cash flows from investing activities section in the statement of cash flows for SolaMin CC for the year ended $31$ August $2023?$

a$.$

$-$R$264,000$

b$.$

R$0$

c$.$

$-$R$244,500$

d$.$

$-$R$277,200$Which of the following alternatives represents the correct amount that must be disclosed as interest paid under cash flows from operating activities section in the statement of cash flows for SolaMin CC for the year ended $31$ August $2023?$

a$.$

R$15,700$

b$.$

$-$R$15,700$

c$.$

$-$R$19,300$

d$.$

R$19,300$Which of the following alternatives represents the correct amount that must be disclosed as proceeds from member$$s contributions under cash flows from financing activities section in the statement of cash flows for SolaMin CC for the year ended $31$ August $2023?$

a$.$

R$1,828,600$

b$.$

R$147,000$

c$.$

$-$R$147,000$

d$\mathrm{.}0$Which of the following alternatives represents the correct amount that must be disclosed as dividends received under cash flows from financing activities section in the statement of cash flows for SolaMin CC for the year ended $31$ August $2023?$

a$.$

R$0$

b$.$

R$310,600$

c$.$

R$23,200$

d$.$

R$200,400$Which of the following alternatives represents the correct amount that must be disclosed as additional loans advanced to members under cash flows from operating activities section in the statement of cash flows for SolaMin CC for the year ended $31$ August $2023?$

a$.$

R$59,200$

b$.$

R$0$

c$.$

$-$R$48,200$

d$.$

$-$R$59,200$Question text

Which of the following alternatives represents the correct amount that must be disclosed as proceeds from loans from members under cash flows from financing activities section in the statement of cash flows for SolaMin CC for the year ended $31$ August $2023?$

a$.$

R$99,600$

b$.$

R$123,600$

c$.$

$-$R$99,600$

d$.$

$-$R$123,600$