a)What is meant by Cash flow statement? What are the examples of cash inflows and cash outflows? b)What are the purposes of the statement of cash flows? c) What are the limitations of a statement of cash flows? (10 points) ASSIGNMENT QUESTION 1 Prepare a statement of cash flows of Mr. Martin, for the year ended 31 Dec 2021 Cash receipts from customers $200,000 Cash paid to Creditors $155,000 Dividend paid $2,000 Paid for utilities $1,300 Purchase of Equipment $36,000 Sale of old fixtures $2,900 Refund of tax $3,700 Drawings $13,500 Capital contribution $52,800 City Bank Loan $9,100 Repayment of Bank Loan $4,400 Salaries paid $3,500 Interest received $11,700 Dividend received $12,660 Paid for Income tax 58,300 Depreciation on Equipment S.10,000 Accumulated depreciation $12,000 Bad debts $2,600 Provision for bad debts $1,500 Discount allowed $7,700 Paid for advertisement $3,900 Owner's additional capital $11,000 (20 points)