Amos Design Ltd$.\text{'}$s policy is to report all cash inflows from interest and dividends in the investing section and cash outflows arising from interest and dividends in the financing section.

Amos Design's activities for the year ended December $31,2023,$ included the following transactions:

$($Click the icon to view the transactions.$)$

Required

a$.$ Prepare the cash flows from investing activities section of the statement of cash flows.

b$.$ Identify how the activities listed above that are not investing activities would be reported in the statement of cash flows assuming that the statement is prepared using the indirect method.

Transactions

Sold an at fair value through profit or loss investment for $$13,000.$ The

book value of this investment, which was not held for trading purposes,

was $$13,000.$

Sold an at fair value through other comprehensive income investment for

$$12,000.$ The cost of the investment was $$9,500.$ Its book value

immediately prior to sale was $$12,800.$

Borrowed $$36,000$ from the bank for investment purposes.

Sold equipment for $$55,000$ that originally cost $$65,000.$ The net book

value of this item at time of sale was $$46,000.$

Received $$9,500$ in interest and $$7,000$ in dividends on sundry

investments.

Paid $$1,600$ interest on the investment loan.

Acquired land and buildings valued at $$450,000$ by paying $$100,000$ cash

and issuing ordinary shares for the balance.

Bought $$110,000$ in bonds at a premium, paying $$115,800$ cash.Question content area top

Part $1$

Amos Design $$Ltd$.\text{'}$s policy is to report all cash inflows from interest and dividends in the investing section and cash outflows arising from interest and dividends in the financing section. Amos Design's activities for the year ended December$31,2023,$ included the following$$ transactions:

LOADING...$($Click the icon to view the$$ transactions.$)$

Required

a$.$

Prepare the cash flows from investing activities section of the statement of cash flows.

b$.$

Identify how the activities listed above that are not investing activities would be reported in the statement of cash flows assuming that the statement is prepared using the indirect method.