Jill Co Ltd has provided the income statement for the year ended 31 December 2019 and statements of financial position at 31 December 2018 and 31 December 2019 as follows. INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2019 $ 000 S 1000 Sales 1,440 Raw materials consumed 140 Staff costs 188 Depreciation 236 Loss on disposal of non-current asset 36 (600) Operating profit 840 Interest payable (56) Profit before tax 784 Tax (248) Profit for the year 536 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2018 2019 $ 000 $ 000 Non-current assets Cost Accumulated depreciation 3,192 636) 2.556 3,120 (448) 2,672 40 Current assets Inventory Trade receivables Bank 48 152 96 296 116 112 268 2.852 2.940 Total assets Equity Share capital Share premium Retained earnings Non-current liabilities Long-term loans 720 72 1.432 2,224 680 48 1.028 1,756 400 1,000 Current liabilities Trade payables Taxation 24 204 228 12 172 184 Total equity and liabilities 2,852 2,940 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 Jill Co Ltd for the year ended 31 December 2019 in accordance with the requirements of IAS 7