Koro Fiji has been a popular visit for tourists. Below are the selected financial statements of the company. Assets Cash at bank Koro Fiji Statement of Financial Position as at 30 June 2020 2020 Accounts Receivable Inventories Equipment Accumulated Depreciation - Equipment Land Buildings Accumulated Depreciation - Building Total Assets Liabilities Accounts Payable Bank overdraft Equity Share Capital Retained Earnings Total Liabilities and Equity Revenue Sales Less expenses Cost of sales Beginning inventories add purchases less ending inventory Depreciation equipment Depreciation - buildings Interest Expense Other expenses Loss on sale of land Loss on sale of equipment Profit for the year OCI Foreign currency translation Gain on pension fund Total Comprehensive Income $ 18,000 $ 34,000 $ 112,000 $ 72,000 $ 30,000 $ 40,000 $ 120,000 $ 10,000 $ 356,000 Koro Fiji Statement of Financial Performance as at 30 June 2020 $ 96,000 $ 112,000 $112,000 $ 52,000 $ $ 214,000 $ 90,000 $ 356,000 $ 96,000 $ 14,000 $ 4,000 $ 2,000 $ 38,000 2019 $ $ 28,000 $ 96,000 $ 60,000 $ 18,000 $ 80,000 $ 120,000 $ 6,000 $360,000 $ 8,000 $ 6,000 $ 48,000 $ 20,000 $ 200,000 $ 92,000 $360,000 $180,000 $ 168,000 $ 12,000 $ $ $ 800 20 12,820 Additional information (a) On 1 July 2019, the shareholders injected a capital contribution of $14,000 cash into the business. (b) During the year, equipment costing $12,000 and written down to a carrying amount of $10,000 was sold for $4,000 cash. (c) Half of the land on hand at the beginning of the year was sold for $32 000 cash. (d) During the year, dividends to shareholders were declared and paid. Required: Prepare the statement of cash flows of Koro Fiji for the year ended 30 June 2020 based on the indirect method of presentation. (Do not forget that there will be indirect method of presenting operating cash flow)