ABC Ltd has provided the following information: Income Statement for the year ended 30 June 2018 $000 Revenue 25460 Cost of Sales 9810 Gross Profit 15650 Depreciation 7860 Other Expenses 1080 Gain on disposal of Non Current assets 150 6860 Operating Profit Finance Charges 2250 Profit before Tax 4610 Taxation 1030 Profit for the year 3580 Statement of Changes in Equity for the year ended 30 June 2018 Retained Earnings 01.07.17 8210 Profit for the year 3580 11790 Dividends paid 1600 10190 Balance at 30 June 2018 NOTE Non Current assets costing $400,000, with accumulated depreciation of $250,000, were sold during the year. Statement of Financial Position as at 30 June $000 2018 52140 2017 25760 Non Current Assets Current Assets Inventories 4410 2270 Trade Receivables 6390 3610 780 62940 32420 Cash and Cash equivalents TOTAL ASSETS Capital and reserves Ordinary Share Capital Share Premium 10000 20000 500 10190 8210 Retained Earnings Non Current Liabilities 8% Debentures (2022) 25000 10000 4270 Current Liabilities Trade Payables Taxation Cash and Cash equivalents TOTAL EQUITY AND LIABILITIES 3270 940 1030 1950 62940 32420 REQUIRED (a) Prepare a Cash Flow Statement for the year ended 30 June 2018 as per IAS 7