based on the information how do you work out the profit for the year, for your cash flow statement.

Extract from: Statement of Profit or loss and other comprehensive income of Mode Lid for the vear ended 30 .June 2022 Extract from: Statement of financial position of Mode Ltd as at 30 June 2022 : Additional information: 1. Shares were issued for cash during the year. 2. Dividends of R180 000 were declared during the current financial year. 3. On 31 October, machinery with a carrying amount of R110 000 was sold for cash. A replacement machine as well as additional machinery was purchased for cash. 4. No long term borrowings were made during the year. 5. Investments were sold during the year. No new investments were purchased