Question 1.1 2 and 1.2 only.

Answer ALL the questions in this section. Study the Statement of Cash Flows provided below and answer the following questions: 1.1 Calculate the following: 1.1.1 Company tax paid ( 3 marks) 1.1.2 Carrying value (Book value) of the machinery sold. (2 marks) 1.2 Identify TWO (2) items from this statement of cash flows that increase the cash balance but do not (2 marks) increase the profit. 1.3 Did the company issue any ordinary shares during the financial year ended 30 June 2021 ? (3 marks) Motivate your answer. 1.4 Comment on the following. 1.4.1 Cash flow from operating activities, (R920 000) (2 marks) 1.4.2 Increase in inventory, ( R1800000) (2 marks) 1.4.3 Increase in receivables, ( R1000 000) (2 marks) 1.4.4 Non-current assets purchased, (R600 000) (2 marks) 1.4.5 Increase in long-term borrowings, R800 000 (2 marks) INFORMATION The Statement of Cash Flows provided below was obtained from the records of Mitre Ltd