all A reconciliation of net profit to net cash from operating activities is as below: Required (i) The sale of an FVPL equity investment was realised at year end. The investment was purchased in early January 2022 at a cost of $55,000 including a transaction fee of S$550. Provide the journal entries to record the sale of the FVPL equity investment at year end. (3 marks) (ii) Included in the accrued expenses during the financial year 2022 was a $14,000 reduction in interest payable. Determine the interest expense reported in the Income Statement for the financial year 2022. (2 marks) (iii) The cost of goods reported in the Income Statement for the financial year 2022 was $168,000,000. The trade payable account is strictly for inventory purchases and that all such purchases are on credit. Determine the cash paid to inventory suppliers during the financial year of 2022 . (4 marks) (iv) All sales were made on credit and there was no write-off of debts and no recovery of previously written-off debts in both financial years. Determine the sales revenue as reported in the Income Statement for the years 2021 and 2022. (4 marks) (v) In your opinion, explain whether the company faces any liquidity concern. Support your answer with explanations. (7 marks) (TOTAL: 20 marks)