GAAP requires that the Statement of Cash flows (SCFS) is prepared in a specific manner. For the following items, discuss in which section (operating, investing, or financing) of the SCFs they are found, where they might more appropriately be placed and why? a) b) Dividends received Interest paid Income taxes 1. The following is the Cash Flow Statement for Al Yasmeen Company for the year ended 2018 $320 . ......... 190 Al Yasmeen Company Statement of Cash Flows For the Year Ended December 31, Year 2018 ($ thousands) Cash provided from (used for) operations Net Income....... Add (deduct) items to convert to cash basis: Amortization. 20 Depreciation.... Inc. in accounts payable........ Inc. in deferred income tax .. 24 Inc. in other current liabilities........... 14 Inc. in accounts receivable.. (620) Inc. in inventories. ....................... (290) Inc. in prepaid expenses................. (50) Net cash used for operations Cash provided from (used for) investing activities Purchase of patents .................. (280) Addition to plant and equipment......... (1,400) Addition to other assets. (50) Net cash used for investing activities....... Cash provided from (used for) financing activities Addition to long-term debt.. .............. 1,600 Issuance of common stock .... 400 Dividends paid (218) Net cash provided from financing activities ...... Net decrease in cash $(332) (1,730) 1,782 $(280) Supplemental disclosure of cash flow information Cash paid during year for: Interest................ Income taxes REQUIRED $56,000 $140,000 a) Explain with the difference between the net income as per accrual basis and cash flow from operation. b) As a financial analyst what advices you will give Al Yasmeen Company to overcome such cash shortage situation