THREE [25] The annual financial statements of Bongo (Pty) Ltd are in the final stages of completion for the year ended 30 June 2023. The following information was extracted to prepare the statement of cash flows for the current financial year. Bongo (Pty ) Ltd Statement of financial position as at 30 June 2023 (with comparative values for 30 June 2022): ASSETS 30 June 2023 R 30 June 2022 R Equipment at carrying amount Inventory Trade receivables Bank 636 000 48 000 22 800 202 800 324 000 45 600 27 600 120 000 Total Assets 909 600 517 200 EQUITY AND LIABILITIES Equity 636 000 348 000 Ordinary share capital Retained earnings 396 000 240 000 300 000 48 000 Liabilities 273 600 169 200 Long term borrowings Trade payables Income received in advance SARS: Tax payable 186 000 25 200 26 400 36 000 48 000 76 800 19 200 25 200 Total Equity and Liabilities 909 600 517 200 Additional Information: 1 Authorised share capital: 1 000 000 Ordinary shares 2 Issued share capital: 100 000 Ordinary shares were sold for cash during the current financial period. 3 Dividends of R30 000 were declared and paid on 20 June 2023. 4 Equipment with a carrying amount of R240 000 was sold and new equipment was purchased during the current financial year. 5 Bongo (Pty) Ltd raised a long term loan of R168 000 in May 2023. 6 The following information was extracted from the statement of comprehensive income for the year ended 30 June 2023: Sales for the year was R1 464 000 Rental income was R26 400. Profit on disposal of equipment R36 000 Depreciation R48 000 Interest expense R50 400 Income tax expense R147 600 Profit after tax R222 000. Required: Prepare the statement of cash flows for Bongo (Pty) Ltd for the financial year ended 30 June 2023 in compliance with the requirements of the International Financial Reporting Standards (IFRS) in as much as the given information allows. Use the indirect method