eferences Mailings Review View Add-ins EY Support Hel FINTRY we balance sheets of Fintry, a limited liability company, at 30 September 20X0 and 30 September 20XI are as follows: 30 September Reference 20X0 20X1 to notes Nou-current assets $000 $000 5000 3000 Cost revaluation 2,740 Accum. depreciation 4,995 2 Current assets (700) 2,040 (1.000 3,999 Inventory 380 490 Trade receivables 410 380 Cash 10 15 800 885 2840 4880 Ordinary Share Capital of 50e + 1,000 1,500 each share Share Premium 600 800 Revaluation reserve 400 Accumulated profits 460 860 2,060 3,560 500 1,000 Non-current liabilities 12% loan notes Current liabilities Trade payables Bank overdraft 200 280 2840 250 20 320 4,880 Notes 1 Non-current assets During the year, and came in the accounts at cost $800,000 was revalued to $1,200,000. No depreciation had been provided on this land Also not current assets which had cost $200,000 were sold for $55,000. Their book value at the time of sale was $40,000 2 Loan notes $500,000 of loan notes were issued on 1 October 20X0. 3 Bank overdraft interest Interest on the bank overdraft for the year was $8,000 4 Share issue 1,000,000 ordinary shares were issued on 1 July 20X1 at a price of 70c per share. 5 Dividends A final dividend of $60,000 for the year ended 30 September 20X0 was paid on 10 December 20X0. An interim dividend of 2c per share was paid on 10 May 20X1 Required: Prepare a Statement of Cash Flows for the year ended 30 September 20X1, using the indirect method and complying as far as possible with IAS 7 Statement of Cash Flows. Ignore taxation