9:39 LTE Back FOA 2 Project Summer 2022.docx Wakanda Mulla has presented the following financial data for 2017: Balance 2016 Sheet 2017 Non-Carreat Assets Koodwill Tangible A Long term vestnet NBV 2100 1,300,0003610001440,000 100,000 450,000 50,000 136,000 2.190,000 Depa NHV 260,000 130,000 1.830,000 Current Assets Closing Stock 35,000 35,000 Debtors 65,000 20,000 Short term levestment 41000 Bank 40,000 Cash 2.000 142,000 17/000 197,000 Total Assets 200 2.387 Capital & Ren Share Capital 300,000 General Reserves 250,000 250,000 Retained Profit 2100001,160,000 50,0001,200,000 Non Current Liability 10% Dehesare Current Liabilities Colinon 700,000 36.000 Dividends Payable 11000 Tax Payable 20.000 Istored Owing 10,000 Bank Overdra 35.000 Total Equity & Liabilities 1972.000 Condensed Income Statement 100,000 Proda before tax 160,000) Le PAT 160,000) Add Retained Earning 10,000 Total Profit for the Year 50.000 Less Transfer to Reserves 13 Les Divid Retained Earning d 50,000 20000 X7000 Tangible asset costing $80,000 with depreciation of $25,000 was sold for a loss of $55,000. Required: a. Prepare the cash flow statement for the year 2017