01 (20 Marks) A company's statement of comprehensive income for the year to 31st December 2020 is shown below. The company's statement of financial position as at that date (with comparative figures for 2019) is also shown. Additional information pertaining to adjustments is disclosed as well. Required Prepare the Companies cash flow statement in accordance with IAS 7. Income Statement 000 Sales 1,504 Cost of Sales (774) Gross Profit 730 Administrative and Selling Expenses (450) Interest Payable (36) Other Income 44 Profit Before Tax 288 Taxation Profit After Tax (56) 232 2020 2019 Statement of Financial Position 000 000 Assets Non-current assets Property, plant and equipment 976 940 Investments 500 500 1,476 1,440 Current assets Inventories Trade receivables 462 424 280 314 Cash at bank 30 0 772 738 Total Assets 2,248 2,178 Equity Share capital 440 400 Share premium account 140 120 Retained earnings 1,062 890 1,642 1,410 Liabilities Non-current liabilities Long-term loans 180 260 Current liabilities Trade payables 364 352 Accrued interest payable 6 0 Taxation 56 110 Bank overdraft 0 46 606 768 Total Equity & Liabilities 2,248 2,178 Additional Information 1. Administrative expenses included Depreciation of 140,000 2. There were no non current asset disposals during the year 3. The company paid an equity dividend of 60,000 during the year