$08$:$54$@ regentonline.ac$.$za $-$ PrivateQUESTION FOUR$[25]$The following information was extracted from Zayra Proprietary Limited's annual financial statements for the year ended $29$ February $2024$ in preparation of the Statement of Cash Flows for the current year:Zayra Proprietary LimitedStatement of Financial Position as at $29$ February $2024($with comparative values for $28$ February $2023)$:ASSETSEquipment InventoryTrade ReceivablesBankTotal Assets$29$ February$2024$R$6360008280022800237600979200$EQUITY AND LIABILITIESEQUITYOrdinary share capitalRetained Earnings$66240039600033600028$ February$2023$R$32400045600276001200005172004248003000001248002$LIABILITIESMortgage BondTrade PayablesSARS: Tax Payable$247200186000252003600092400480001920025200$Total Equity and Liabilities$909600517200$Additional Information:$1.$ Authorised share capital: $1000000$ Ordinary shares$2.$ Issued share capital: $100000$ Ordinary shares were sold for cash during the current financial period$\mathrm{.}3.$ Dividends of R$30000$ were declared on $20$ February $2024$ and paid on $20$ April $2024\mathrm{.}4.$ New equipment was purchased during the current financial year for R$240000\mathrm{.}5.$ Zayra raised a long term loan of R$168000$ in May $2023\mathrm{.}6.$ The following information was extracted from the statement of comprehensive income for the year ended $29$ February $2024$: Sales for the year was R$1464000$ Rental income was R$26400$ Profit on disposal of equipment R$36000$ Depreciation R$48000$ Interest expense R$50400$ Income tax expense R$147600$ Profit after tax R$222000$Required:Prepare the statement of cash flows for Zayra Proprietary Limited for the financial year ended$29$ February $2024$ in compliance with the requirements of the International Financial Reporting Standards $($IFRS$)$ in as much as the given information allows. Use the indirect method.