2. The following data was obtained from the books of Elmo St Clover Statements of financial positions at December 31. 2016 2017 Non-Current Assets Cost Depe NBV Cest Depa NBY Goodwill 100.000 75.000 Building 200,000 200.000 400.000 440,000 Equipment 70,000 22.000 48,000 $1.000 29.000 $2.000 Motor vehicle 280.000 25.000 255.000 413000 13.000 377.000 603.000 944.000 Current Assets Stock 16,000 20.000 Debtors 15,000 11.000 Short-term investments 30,000 20.000 Bank 0 10,000 Cash 2.000 68.000 L000 671.000 1.006.098 Capital & Reserves Ordinary shares Share premium Revaliation reserve General reserves Retained earnings Non-Current Liabilities 10% Debenture 300,000 40,000 0 40,000 257,000 437,000 150,000 50.000 100,000 0.000 197.000 $57,000 190,000 105,000 Current Liabilities Creditors Tax Bank overdratt Interest 14,000 15.000 5.000 10.000 44.000 671.000 22.000 10,000 0 12.000 44.000 1.000.000 3 2017 Statement of profit or loss extract Turnover Gross profit Profit before tax Profit after tax Prodit last year bid Dividends paid Transfer to general reserves Retained earningsod 1.350.000 850,000 395.00 (110,000) 285.000 257.000 25.000 (20.000 497 000 Notes: 190.000 105,000 Non-Current Liabilities 10% Debenture 4 of 8 Liabilities Tax Bank overdrant Interest 14,000 15,000 5.000 10.000 44.000 171.000 22.000 10,000 0 4.000 1,046.000 Statement of profit or less extract 2017 Tumover Gross profit Protit before tax Tax Profit after tax Profit last year hd Dividends paid Transfer to general reserves Retained earningsod 1,350.000 850.000 395.000 (110,000 285.000 257.000 (25.000 (20,000 497 000 Notes 1. During the year, motor vehicle costing 80,000, with book value of 72,000 was sold for 85.000 2. The revaluation reserve applies to the building Required: Prepare the cash flow statement for the year 2017