QUESTION $4$

$(20$ Marks$)$

REQUIRED

Prepare the Cash Flow Statement of Clies Limited for the year ended $31$ December $2023.$

INFORMATION

Extracts of the financial statements of Elsies Limited are as follows:

$\backslash$table$[[$Elsies Limited$],[$Statement of Financial Position as at $31$ December:$],[$Assets$,2023($R$),2022($R$)],[$Property$,$ plant and equipment,$3125000,2500000],[$Investments$,175000,200000],[$Inventory$,1075000,1025000],[$Accounts receivable,$950000,875000],[$Cash and cash equivalents,$250000,175000],[,5575000,4775000],[$Equity and liabilities$],[$Ordinary share capital $(155000$ shares$),1550000,1550000],[$Retained earnings,$1500000,1250000],[$Non$-$current liabilities,$1800000,1675000],[$Accounts payable,$600000,135000],[$Dividends payable,$100000,125000],[$Company tax payable,$25000,40000],[,5575000,4775000]]$

$\backslash$table$[[$Statement of Comprehensive Income for the year ended $31$ December $2023],[,R$