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25. Brown Co. has a net profit of R36 220. The accountant provides with the following extracts from the financial statements;

BALANCE SHEET 2006 2007

Inventory R3 400 R2 800

Receivables R5 950 R6 700

Payables R4 320 R4 655

INCOME STATEMENT FOR THE YEAR ENDED 31/12/2007

Depreciation R6 600

Profit on disposal R1 200

What is Brown Co.’s cash generated from operating activities in 2007?