25 The statement of comprehensive income and the statement of financial position disclosed relates to Boakye Limited. Boakye Limited Statement of Comprehensive Income for the year ended December 31, 2021 Sales Opening Inventory Purchases Closing inventory Gross profit Operating expenses Admin expenses Distributive expenses Depreciation NPIT/EBIT Interest 22 GHC GHC 7,051,088 845,000 7,050,250 7,895,250 (2.650.000) 5,245,250 1,805.838 (1.057.567) (418,033) (50,000) (1.525.600 280,238 (35.600) 244.638 PBT Tax (154,638) PAT 90,000 Statement of Financial Position as at December 31, 2021 2020 2021 Non-current assets GHC GHC GHC GHC Motor vehicles at cost 150,000 185,000 Less Accumulated depreciation (90,000) 60,000 (90,000) 95,000 Machinery at cost 70,000 Less Accumulated depreciation (5,000) 65,000 60,000 160,000 Current assets Inventory 75,000 67,500 Receivables 45,000 60,000 Bank 30,000 Total assets 150,000 210,000 127.500 287,500 Current liabilities Payables 22,500 26.260 Bank overdraft 20,000 22,500 46,260 Non-current liability Loan 90,000 120,000 Financed by: Stated capital 37,500 Net profit 60,000 31.240 90,000 97.300 121.240 Total equity and liabilities 210,000 287.500 Additional information A motor vehicle which had cost GHC45,000 with a written down value of GHC15,000 had been sold for GHC19,160 Required: Prepare the Statement of Cash-flow for Boakye Limited for the year ended December 31, 2021. (15 marks)