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Additional information 1. During the year ended 31 December 2011 , the company sold a piece of equipment for $3,053,000 realising a profit of $1,540,000.
Additional information 1. During the year ended 31 December 2011 , the company sold a piece of equipment for $3,053,000 realising a profit of $1,540,000. There were no other disposals of non-current assets during the year. 2. Profit from operations is stated after charging depreciation of $5,862,000. 3. There we no amounts outstanding in respect of interest payable or receivable as at 31 December 2011 or 2010. 4. There were no dividends paid or depelared during the year. Required a. Prepare a statement of cash flows for Sweet Cherry Lid for the year ended 31 December 2011 in accordance with the requirements of IAS 7 using the indirect method. Show all
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