A The table presents the information about Choco Ltd for the year 2020. $ Payment made for a purchase of 80,000 land Cash payments for income taxes 63,000 Proceeds from the issue of shares 50,000 Cash payments to suppliers 290,000 Proceeds from a sale of land 100,000 Cash purchase of equipment 40,000 Cash receipts from customers 636,000 Proceeds from a sale of equipment 30,000 Payment of cash dividends 75,000 Cash payments for operating 23,000 expenses Repayment of borrowings 160,000 [TASK) Based on the information, calculate: 1. Net cash flows from operating activities for a year ended 31 December 2020. ii. Net cash flows from investing activities for a year ended 31 December 2020. il. Net cash flows from financing activities for a year ended 31 December 2020. (6 marks) a B. The accrual accounting principle is used to measure profit for a period, whereas cash basis accounting is the method to determine the cash flows and cash balance for a business. I [TASK] Discuss the differences between these principles. Provide two (2) examples to support your explanation. (6 marks) C. Accounting scandals involve manipulating accounting numbers such as sales, expenses, and valuation of assets. [TASK] 1. Despite the mandatory requirement that all financial statements of public companies be audited by independent auditors, why accounting scandals are prevailing in the corporate world? Hi. Explain one (1) possible factor that triggers the need to manipulate accounting numbers