Alfa Cos Income statement for the year ended 31 December 20X8 and Balance Sheet\ at 31 December 20X8 and 31 December 20X7 were as follows:\ INCOME STATEMENT\ 20X8\ Sales 720\ Raw materials consumed 70\ Staff costs 94\ Depreciation 118\ Loss on disposal of long-term\ asset 18\ EBIT 420\ Interest expenses 28\ Profit before tax 392\ Income tax expense 124BALANCE SHEET\ 20X8 20X7\ Assets\ Non-current assets\ Cost 1596 1560\ Depreciation 318 224\ 1278 1336\ Current Assets\ Inventory 24 20\ Trade receivables 76 58\ Bank 48 56\ 148 134\ Total Assets 1426 1470\ Equity and liabilities\ Share capital 360 340\ Share premium 36 24\ Retained earnings 686 490\ Total Equity 1082 854\ Non-current liabilities\ Long-term loans 200 500\ Current liabilities\ Trade payables 42 30\ Taxation 102 86\ Total Liabilities 344 616\ Total Equity and Liabilities 1426 1470\ During the year, the company paid 90,000 for a new piece of equipment.\ a) Prepare a Statement of Cash Flows for Alfa Co for the year ended 31 December 20X8\ in accordance with the requirements of IAS 7, using the indirect method. Classify interests