The followings are the financial statements of ZPR Berhad. Statement of Profit or Loss for the year ended 31 December 2017 RM Turnover 1,606,000 Cost of sales (990,000) 616,000 Gross profit Gain on sale of plant and machinery Administration cost 11,200 (196,500) Selling and distribution cost Profit from operation (37,000) 393,700 Interest (16,000) 377,700 Profit before tax Taxation (85,000) Profit after tax 292,700 Statement of Financial Position as at: 31-Dec-16 31-Dec-17 NON-CURRENT ASSETS RM RM Land Plant and machinery (carrying value) Motor vehicle (carrying value) 300,000 181,500 411,000 120,000 58,500 52,000 67,000 Investment 90,000 CURRENT ASSETS Inventories Trade receivables 220,000 198,000 445,600 70,900 698,000 258,150 4,750 Bank Prepaid Administration costs EQUITY RM RM Ordinary shares of RM1 each 710,000 850,000 Share premium Retained profits NON-CURRENT LIABILITIES 40,000 50,000 250,500 491,650 116,000 130,000 7% debentures Long-term bank loan CURRENT LIABILITIES Trade payables Tax payable Accrued selling and distribution cost Dividend payable TOTAL EQUITY AND LIABILITIES 116,000 100,000 49,000 60,000 48,000 57,000 5,000 2,700 48,000 1,366,500 51,550 1,808,900 Additional information: 1. The depreciation for motor vehicle, used by the selling department, was RM6,500 and the depreciation for plant and machinery was RM16,500. 2. No other non current assets was purchased, except for land. 3. A plant and machinery with a carrying value of RM45,000 was disposed. 4. The increase in the ordinary share capital was due to the issue of shares at premium. The total dividend appropriated for the year amounted to RM51,550. No interim dividend was paid during the year. 5. 6. Part of the investments were sold at cost. Required: Prepare the Statement of Cash Flow for the year ending 31 December 2017, using the direct method in accordance with MFRS 107. (The note on the reconciliation of profit is not required). a.