2018 5. The Balance sheet reveals the firm's assets, liabilities and owners' equity (net worth). The cash position of the company also forms a very prominent position in order to know the liquidity of the company. The balance sheet items (in OMR) are taken from Irish Ltd. for the years 2018 and 2019 respectively: 2019 Assets Property. Plant and Equipment 50.030 40,520 Current Assets Inventory 14,650 7.240 Trade Receivables 6,375 7935 Bank 11,380 4.975 Sundry debtors 6,375 7.935 Total Assets 88.810 68,605 Equity and Liabilities Capital and Reserves Ordinary Share Capital 35,000 25,000 General reserves 5,000 3,500 Share Premium 5.500 3.500 Retained Earnings 12,850 8,620 58,350 40.620 Non-Current Liabilities 10% Mortgage Loan 2,625 5.250 Current Liabilities Trade Payable 8.950 7.460 Proposed Dividend 5.250 3.750 Taxation 13,635 11.525 27,835 22,735 Total Equity and Liabilities 88,810 68,605 Additional information: Interest paid was RO975 during the year Depreciation charged to income statement was RO3720 Non-current assets with a book value of RO 4390 was sold for a loss of R0700 during the year A) From the above Balance sheet items, you are required to calculate: a) Profit before Interest and Tax and prepare b) Cash flow statement for the year 2019(6 marks) B) In Cash flow statement, certain items are added and certain items are deducted. From the Cash flow statement, you have prepared, comment on the reasons for adding or deducting those items. (4 marks)