(i) The following is a condensed version ofNASHORA Companyscomparative balance sheets for the year 2015 and for the year 2014, as well as a condensed version of this years income statement.

2015 2014

Cash RM 40,000 RM 32,000

Accounts Receivable 240,000 104,000

Inventory 280,000 312,000

Fixed Assets 540,000 400,000

Accumulated depreciation (320,000) (288,000)

Total Asset780,000 560,000

Accounts payable RM 60,000 RM 50,000

Accrued Expenses 20,000 30,000

Notes Payable Long Term 200,000 100,000

Common Stock 100,000 100,000

Retained Earnings 400,000 280,000

_______

Total Liabilities & Capital780,000 560,000

2015

Sales RM 2,000,000

COGS (1,600,000)

Gross Profit 400,000

Expenses (160,000)

Depreciation (32,000)

EBIT 208,000

Interest (16,000)

EBT 192,000

Taxes (52,000)

Net Income 140,000

Statement of Retained Earnings for year ended 31 December 2015

Beginning Retained Earnings RM280,000

+ Net income RM140,000

- Cash Dividend paid (RM 20,000)

Ending Retained EarningsRM400,000

Question :Prepare Statement of Cash Flow for year ended 31 December 2015