CEU44E01 Q3(b) (i) Explain why a Statement of Cash Flows is considered important. [2] (ii) A loss on disposal of plant and equipment has been recorded at 1,350. The proceeds when sold were 5,000. The equipment originally cost 10,000 when purchased new. What was the accumulated depreciation on the equipment at the date of sale? [2] (iii) Opening stock at Mouse Ltd is 567,900. Mouse Ltd made purchases in the year of 7,800,000 and at year end had closing stock of 450,000. Calculate the cost of Sales for Mouse Ltd for the year. [2]