E20 - 3 Questions, Exercises and Problems in Financial Accounting The following information is relevant: 1. Details relating to the equipment: 2. Equipment costing C15000 was purchased during the year when certain other equipment was traded in as part of the purchase price. You are required to: a. Prepare a statement of cash flows of Pop Limited for the year ended 31 December 206 using the direct method. b. Prepare a statement of cash flows of Pop Limited for the year ended 31 December 206 using the indirect method, showing the operating activities section only