3. Below are the Statements of Financial Position of BNM Limited at 31st December 2018 & 2017, followed by additional information also applying to that company. 2018 000 2017 000 Statements of Financial Position at 31 Dec: Non-current assets Plant and equipment Less: accumulated depreciation 000 1,020 (442) 000 800 (346) 578 454 Motor vehicles Less: accumulated depreciation 249 (135) 222 (112) LIO 692 564 Current assets Inventory Accounts receivable Cash 268 218 236 177 82 568 116 Current liabilities Accounts payable Tax payable Interest payable Long term liabilities 5% loan notes 2026 240 180 Net assets 875 668 Equity Ordinary share capital (1 nominal value) Share premium Retained profits Total equity 250 200 425 875 200 100 368 668 i) ii) iii) The taxation charge for the year amounts to 14,000. A final dividend is proposed for 2018 of 12,000 (2017: 9,000) There was an interim dividend of 5,000 (2017: 3,000) The cost of motor vehicles purchased during the year was 52,000. There was a profit of 2,000 on the sale of a motor vehicles with a net book value of 3,000. There were no other sales of non-current assets. The additional loan notes were issued on 1st May 2018. vi) Prepare a statement of cash flows for BNM Ltd for the year ended 31 st December 2018. You should use the indirect method, following the IAS 7 format