PART-A Ata's financial statements are shown below: Balance Sheet as at 31 December Tangible Fixed Assets Land and Buildings at cost Depreciation Plant and Machinery at cost Depreciation Current Assets. Stocks Debtors Cash Current Liabilities Creditors Taxation Proposed Dividends Fixed Assets plus net current assets Long Term Liabilities 10% Debentures Shareholders' Funds Ordinary 50p shares Retained Profits 250 120 140 Sales Cost of Goods Sold Gross profit Distribution Costs Administration Expenses Operating Profit Interest Net Profit before Tax Taxation Dividends Paid 000 Net Profit after Tax Proposed Retained Profit for year Profit and Loss Account for the Year Ending 31 December 2021 2020 000 Notes 1. No land or buildings were sold during the year. 2. The operating profit of 490,000 was arrived at after 500 50 8,000 4,000 800 400 100 1,300 510 2,500 000 Required (a) Prepare a Cash Flow Statement for 2021. 450 4,000 4,450 790 5,240 1,000 4,240 1,740 4,240 70 40 430 100 150 295 130 000 2,400 1,800