Limited for the year ended December 31, 2015 are The draft financial statements of Catfish as below: 2015 $000 9,000 Revenue (6,000) Cost of sales Gross profits 3,000 (100) Administration expense (300) Distribution expense Profits before tax 2,600 (200) Taxation Profits for the year (Note 1) 2,400 Other comprehensive income Revaluation of property, plant and equipment 2,000 Total comprehensive income for the year 4,400 2015 2014 S000 $000 Non-current assets Property, plant and equipment 13,000 11,000 Intangibles assets 6,000 5,000 Investment properties 5,000 4,000 24,000 20,000 Current assets Inventories 1,300 1,200 Trade receivables 600 700 Investment 950 900 Cash and bank Total assets 27,550 Equity and reserves Share capital Retained profits 9,400 7,000 9,300 Other reserves 4,500 17,500 23,200 Current liabilities 1,200 Trade payables Other payables Interest payables 800 300 300 200 Unearned revenue Tax payables 500 Bank overdraft Non-current liabilities 1,700 Bank loans 27,550 Total equity and liabilities The following information is available: Profits for the year has been arrived at after charging (crediting): 1. 200 Finance cost Impairment loss on accounts receivables Inventories written down 70 Loss on sale of investment properties 500 Gain on sale of property, plant and equipment (30) Change in fair value of investment properties 2. One of the investment properties with a carrying amount of $3,000,000 was sold for S2,500,000. The fair value of the investment properties had increased by $200,000 at year end. In March 2015, Catfish Limited sold a machine at a price of $180,000. The original cost and accumulated depreciation of the machine were $200,000 and $50,000, 3. respectively. 700,000 ordinary shares were issued during the year at $2 per share. 4. 5. The current assets investment was a 1-month term deposit. It was Catfish Limited's policy to perform impairment loss test on its assets at year end. 6. Impairment losses, if any, were written off immediately as expenses. Required: Prepare the statement of cash flows for the year ended December 31, 2015, using the indiredct method to determine the cash flows from operating activities, for Catfish Limited