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@ 58%.1, 12:32 AM udmoodle.ud.ac.ae ill etisalat Question 3: Preparation and Presentation of the Cash Flow Statement You are employed as the accounts executive for

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@ 58%.1, 12:32 AM udmoodle.ud.ac.ae ill etisalat Question 3: Preparation and Presentation of the Cash Flow Statement You are employed as the accounts executive for Mixed Radar Limited. Your superior has gone on vacation and requires you to prepare some financial statements. The abbreviated balance sheet of Mixed Radar Limited as at December 31, 2021 and December 31, 2022 are illustrated below 2021 2022 urrent Assets Plant and E (at Cos) I$760,000.0 920,000.0 $288,000. 18,000 $472,000,0 $186,000.0 $658,000.0 Plant and at Net) S602.000 ( Total Non-Current Assets $816,000 urrent Assets nvent rade Receivables ash and Cash Equivalents 397,000 $596,000.0 $332,000.0 Total Current Assets $933,000.0 $789,000 Total Assets Liabilities and Owners' Equity iabilities urrent Liabilities 12% Debentures Total Non-Current Liabiliies 400,000.0 400,000.0 S100,000 S100,000 urrent Liabilities $478,000.0 $64,000.0 $87,000.0 rade Payables $396,000.0 rued Ex ncome Tax Payable $96,000 S0.0 S22,000 Total Current Liabilities S629,000.0 otal Liabilities $686,000 Owners' Equit $350,000.0 S75,000.0 $137,000,0 $562,000.0 S300,000.0 $294,000 $919,000.0 Total Owners' F Total Liabilities and Shareholders 1,591,000 1605,000

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