Please work out question 4 4.1 and 4.2

Additional information: 1) The short-term portion of the long-term loan included in the short-term loans was R 15 408 (2018: R 29 402 - this was paid as planned in 2019). 2) The proceeds from the sale of property, plant & equipment amounted to R 1 978 during the current year. R 24 000 of the purchases of property, plant & equipment during the current year was for the expansion of operations Land (included in property, plant & equipment) was revalued during 2019 Required: Prepare the Statement of Cash Flows for Hooves & Boots Ltd for the year ended 31 December 2019 Show workings clearly The Reconciliation of Profit before tax and Cash generated from operations is not required [25] QUESTION FOUR The following information was provided by Zepi Traders: 1. The bank balance on 31 July 2021 is expected to be R100 000 (unfavourable) 2. The expected total sales are as follows: July 2021 R200 000 August 2021 R160 000 September 2021 R150 000 October 2021 R140 000 3. Cash sales are estimated at 50% of total sales, they are entitled to a discount of 3% and the balance is on credit. 4. Collection of credit sales are as follows: 40% in the month of sale 55%one month after the sale and the balance written off as irrecoverable. 5. Budgeted credit purchases of inventory are as follows: July 2021 R80 000 August 2021 R60 000 September 2021 R50 000 October 2021 R90 000 6. Credit purchases are paid in the month following the credit purchases, less 4% discount 6 7. Insurance amount to R90 000 per annum, payable in equal monthly instalments 8. An investment of R200 000 matures on 30 September 2021. On this date the capital amount together with interest of R17 000 will be received 9. Variable selling expenses are estimated at 7% of total sales and are paid in the month of the sale 11. Rent expenses amount to R12 000 per month payable monthly Rent will increase by 9% from 1 September 2021. Required: 4.1. Prepare a Debtors' collection schedule for August, September and October 2021 42 Prepare a Cash Budget Statement for August, September and October 2021 (6) (19) END OF QUESTION PAPER