ABC plc's income statements for the years ended 31 December 2021 and 2020 and the statements of financial position as at 31 December 2021 and 2020 are as follows: ABC plc: income statements for the years ended 31 December 2021 and 2020 2021 2020 1000 1000 Sales revenue 800 1000 Cost of sales (340) (500) Gross profit 460 500 Distribution expenses (100) (150) Administrative (120) (100) expenses Operating profit 240 250 Interest revenue 200 40 Interest expense (200) (200) Profit before taxation 240 90 Taxation Profit for the year 240 90ABC plc: statements of financial position as at 3] December 202I and 2020 202 I 000 2020 000 Non-current assets 01 01 \\l 0 Plant and machinery Current assets Inventories I\\) 0 Trade receivables Cash at bank Total assets Equity and liabilities Current liabilities Trade payables Non-current liabilities .h. C) \\4 O Borrowings debentures Equity 01 0'1 Ordinary shares of 1 each Retained earnings E Q Total equity and liabilities Included in operating expenses are the following depreciation charges for the year 202]: 35,000 All Interests expense is paid. All interest revenue is received. Dividends are paid There were no non-current asset sales during the year QUESTION CONTINUES NEXT PAGE Required: a. Prepare ONLY the cash flows from operating activities part of the statement of cash flows for the year 2021 (If calculations are needed they must be clearly shown) b. For the year 2021, ABC plc had a positive net cash used in investing activities and negative net cash from financing activities was. Discuss the reasons of the cash positions for the two sections of the Statement of Cash Flows