Use the information provided below to prepare the Cash Flow Statement of Umhlali Limited for the year ended 31 December 2020. INFORMATION The following Information was extracted from the records of Umhlali Limited for the past two years: STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER: Sales Cost of sales Gross profit Operating expenses Depreciation 2020 (R) 1 856 000 (1 280 000) 576 000 (291 200) 2019 (R) 1 200 000 (750 000) 450 000 (212 000) 30 000 26 000 Other operating expenses 261 200 186 000 Operating profit 284 800 238 000 Interest on mortgage loan (24 000) (72 000) Profit before tax 260 800 166 000 Company tax (90 240) (58 100) Profit after tax 170 560 107 900 Information extracted from the Statement of Financial Position for the past two STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER: ASSETS Non-current assets Fixed assets Current assets Inventories (all Trading inventory) years: 2020 (R) 2019 (R) 2464 160 2 444 000 2 464 160 2 444 000 356 000 336 000 120 000 250 000 40 000 64 000 196 000 22 000 2820 160 2 780 000 Accounts receivable Cash & cash equivalents EQUITY AND LIABILITIES Equity Ordinary share capital 2 437 560 2180 000 1980 000 Retained income 257 560 1 760 000 220 000 Non-current liabilities 200 000 600 000 Mortgage loan (12% p.a.) MAMAN 200 000 600 000 Current liabilities 182,600 200 000 Accounts payable SARS (Company tax) Shareholders for dividends 8.600 76 000 2820 160 56 000 2 780 000 98 000 138 000 6 000