2) Below is the Statement of Financial Position for Nettle Limited, financial year end 2020 with comparative figures. FYE 2020 FE 2019 $ $ $ $ Non-Current Assets PPE (at cost) Accumulated Depreciation 80,000 (30,000) 82,000 (22,000) 50,000 60,000 Current Assets Stock Debtors Prepaid Expenses Cash and Bank 70,000 34,400 1,000 7,000 60,000 15,000 600 2,400 112,400 162,400 78,000 138,000 Equity Share Capital 1096 Preference Share Capital General reserve Profit and Loss Account 80,000 20,000 2,600 2,400 55,000 25,000 4,000 2,000 110,000 86,000 14,000 12,000 Non-Current Liabilities 15% Debentures Llabilities Creditors Proposed Dividend Provision for Taxation 22,000 8,000 8,400 24,000 10,000 6,000 38,400 162,400 40,000 138.000 Additional information: a) Profit after tax for financial year 2020 was $21,000 and Taxation expense $9,400 respectively. b) Fixed assets costing $20,000 were sold for $10,000. Accumulated depreciation of fixed assets at date of sale was $6,000. c) Interim dividend paid during the year $9,000. Proposed dividend of last year was declared and paid during the year d) New debentures were issued on 31 December, 2020. Required: Prepare the Cash Flow Statement for the year ended 31 December 2020 in accordance with IAS 7 Cash Flow Statements using the indirect method. (20 marks)