Prepare the Cashflow statement using INDIRECT METHOD for the year end 30 June 2023. Show all calculations clearly.

Consolidated Statement of Profit or Loss and Other Comprehensive Income for the year ended 30 June 20232023 Profit on land expropriation R185 000 3. Income tax expense: Income tax expense in the statement of profit or loss and other comprehensive income consists of the following: An income tax rate of 28% is assumed. 4. Property, plant, and equipment: Land: Included in profit before tax is the profit made on the expropriation of land of a subsidiary in which Mars (Pty) Ltd has a 75\% interest. The land had a cost (carrying amount) of R150 000 on 1 July 2022 . Additional investments in land were made to expand operations. Land within the group is not leased to third parties. Plant and machinery: The carrying amount of machinery sold during the year was R650 000. Plant and machinery were acquired to expand the current production capacity. Vehicles: The carrying amount of vehicles sold was R215 000 on the date of sale. The vehicles were sold on the 30th June 2023. The tax bases of all the assets are equal to the carrying amounts. REQUIRED: Prepare the Statement of Cashflows using the indirect method for the financial year ended 30 June 2023 in accordance with International Financial Reporting Standards (IFRS). Note: - All amounts should be rounded to the nearest Rand. Show all calculations clearly. - Your answer must comply with International Financial Reporting Standards (IFRS). - Notes are not required