THREE [25] The annual financial statements of Bongo (Pty) Lid are in the final stages at completion for the year ended 30 June 2023 . The follosing informanon was extracted to prepare the statement of cash flows for the current firancial year Bongo (Pty) Ltd Statement of financial poaition us at 30 June 2023 (with comparative values for 30 June 2022) ASSETS 30 Juno 2023 R 30 June 2022 R Equipment at carrying amount 536000 324000 imventory 48000 45500 Trade receivables 228000 27600 Bark 202800 120000 Total Assets 909600 517200 EQUITY AND LIABILTIES Equity 536000 348000 Ordinary share captid 396000 300000 Retained earnings 240000 48000 Liabilitios 273600 169200 Long term borrowings 180000 Trode payabies 25200 76800 income recerved in