Question: 4 (20 MARKS) REQUIRED Study the information provided below and prepare the Cash Flow Statement for the year ended 31 December 2022. INFORMATION The following

4 (20 MARKS) REQUIRED Study the information provided below and prepare the Cash Flow Statement for the year ended 31 December 2022. INFORMATION The following information was extracted from the records of Zenith Limited: STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER: 2022 (R) 2021 (R) Sales 3 712 000 2 400 000 Cost of sales (2 560 000) (1 500 000) Gross profit 1 152 000 900 000 Operating expenses (582 400) (424 000) Depreciation 60 000 52 000 Other operating expenses 522 400 372 000 Operating profit 569 600 476 000 Interest on mortgage loan (48 000) (144 000) Profit before tax 521 600 332 000 Company tax (180 480) (116 200) Profit

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