17. Cabarita Ltd is involved in manufacturing swimming pool accessories. Cabarita Ltd's statement of financial positions for the years ending 30 June 2019 and 30 June 2020 are presented below. 2020 ($000) 2019 ($000) 96 36 (12) 156 (36) 92 Assets Cash Accounts receivable Allowance for doubtful debts Property, plant and equipment Accumulated depreciation property, plant and equipment Inventory Total assets Liabilities Bank overdraft Accounts payable Accrued wages Provision for annual leave Loans Total liabilities Net assets Represented by: Shareholders' funds Share capital (ordinary shares) Revaluation surplus Retained earnings Total shareholders' funds 60 148 184 140 28 16 184 The statement of profit or loss and other comprehensive income (extract) of Cabarita Ltd for the year ending 30 June 2020 is: SUUU 00 (40) (8) Income Sales Interest (no interest receivable at year end) Profit on sale of property (which had a carrying amount of $20000) Expenses Cost of goods sold Doubtful debts Depreciation Wages Employee entitlements Loss for the year Other comprehensive income: Increase in revaluation surplus in recognition of increase in fair value of property, plant and equipment Total comprehensive income/(loss) (20) (20) (16) (32) 38 PART 5: ACCOUNTING FOR THE DISCLOSURE OF CASH FLOWS REQUIRED Prepare a statement of cash flows for Cabarita Ltd for the year ending 30 June 2020. Comparatives are not required. Ignore tax effects. LO 19.3, 19.5, 19.6, 19.7