National Foods Pvt. Ltd. is a company producing canned foods. Below are the companys financial statements: National Foods Pvt. Ltd. Statement of Comprehensive Income for the year ended 31 August 2018 RM Sales revenue 2,700,000 Cost of goods sold (900,000) Gross profit 1800,000 Operating Expenses Administration & Distribution expenses (195,000) Depreciation expense (30,000) Other operating expense (150,000) Interest expense (135,000) Net profit before tax 1,290,000 Income tax expense (240,000) Net income 1,050,000 National Foods Pvt. Ltd. Statement of Financial Position as at 31 August 2018 2017 2018 RM RM RM RM Non-current Assets Van 600,000 900,000 (-)Accumulated depreciation (120,000) 480,000 (150,000) 750,000 Current Assets Bank 825,000 1,186,500 Debtors 300,000 150,000 Inventory 75,000 90,000 Total Assets 1,680,000 2,176,500 Non-current Liabilities Loan 480,000 630,000 Current Liabilities Creditors 90,000 135,000 Operating expenses payable 31,500 33,000 Shareholders Equity Ordinary share capital 478,500 478,500 Retained earnings 600,000 900,000 Total Liabilities & Equities 1,680,000 2,176,500 Required: Prepare the statement of cash flows for National Foods Pvt Ltd for the year ended 31 August 2018 using the direct method. (Show all calculations). (20 marks)