QUESTION 4 (20 MARKS) REQUIRED Study the information provided below and prepare the Cash Flow Statement for the year ended 31 December 2022. INFORMATION The following information was extracted from the records of Zenith Limited:

Question Four (20 marks)

ZENITH LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022
	Workings (if any)	R
Cash flows from operating activities
Profit before interest and tax/Operating profit
Adjustments to convert to cash from operations
Profit before working capital changes
Working capital changes
Cash generated from operations
Interest paid
Dividends paid
Income tax paid
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year

INFORMATION The following information was extracted from the records of Zenith Limited. Additional information 320000 shares were in issue at the end of 2021. 60000 new shares were issued on the first day of the 2022 financial year. Interim and final dividends for the year ended 31 December 2022 amounted to R266 000 . Vehicles were sold at carrying (book) value during the year for R288 000. Equipment was purchased at the end of the financial year. All purchases of trading inventory are on credit. Trade and other payables comprise accounts payable only