Helen Sdn Bhd The following financial statements were extracted from the books of Helen Sdn Bhd.: Statement of profit or loss for the year ended 31 January 2015 $ $ $ $ 160 000 50 000 110 000 Sales Less cost of sales GROSS PROFIT Less expenses: Wages and salaries Rental Depreciation Interest expense Net profit before tax Less tax expense Net profit after tax 6 000 10 000 12 000 2 000 30 000 80 000 20 000 60 000 2014 $ $ $ 2015 $ 60 000 12 000 48 000 Statement of financial position as at 31 january Non current assets Motor vehicle Less accumulated depreciation Current assets Inventory Receivables Bank Total assets 15 000 30 000 70 000 10 000 18 000 60 000 115 000 163 000 88 000 88 000 20 000 30 000 57 000 87 000 20 000 Financed by Ordinary shares of RM 1 each Retained earnings Non current liabilities Long term loan Current liabilities Payables Total equity and liabilities 30 000 18 000 46 000 163 000 50 000 88 000 Additional information: 1. Dividends paid during the year ended 31 January 2015 were $3000. 2. The motor vehicle was purchased by cash. Required: Prepare the statement of cash flows of Helen Sdn Bhd for the year ended 31 January 2015 using the indirect method. [Total 30 marks]