J. Hart Co's income statement for the year ended 31 December 2016 and statements of financial position at 31 December 2015 and 31 December 2016 were as follows: J.HART CO INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2016 $'000 000.$ Sales 1440 140 188 Raw materials consumed Staff costs Depreciation Loss on disposal of non-current asset Operating profit Interest payable Profit before tax Taxation Profit for the year 236 36 600 840 56 784 248 536 J.HART CO STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2016 2015 000.$ 000.$ Non-current assets Cost 3192 3120 (636) (448) Depreciation 2556 2672 Current assets Inventory Trade receivables Bank 48 40 152 116 96 296 112 268 Total assets 2852 2940 Equity Share capital Share premium Retained earnings 720 680 72 48 1028 1756 1432 2224 Non-current liabilities Long-term loans Current liabilities 400 1000 Trade payables Taxation 24 12 204 172 228 184 2852 2940 Total equity and liabilities Additional information: 1. Dividends paid were $132,000 2. During the year, the company paid $180,000 for a new piece of machinery. Required: Prepare a statement of cash flows for J. Hart Co for the year ended 31 December 20166 in accordance with the requirements of IAS 7