Please help to answer the following questions completely from A to C. As chegg policy, tutor can answer 4 subpart questions thanks.

QUESTION 4 London Neptune Ltd offers boat tours for tourists on the River Thames. The company is tax exempt and its reporting period equals the calendar year. You are given the following information for the year ended 31 December 2015 (1) The company's net income was 32,500. The cash balance was 120,000 at the beginning of 2015 and 142,350 at the end of 2015. (2) In addition to the existing 10,000 old shares, 500 new shares were issued. For each new share, 30 was received. The par value was 1 per share. (3) The inventory of the company decreased by E5,000 during the full year. (4) Freehold land with a carrying amount of 15,000 was sold for 22,000. (5) Depreciation of non-current assets amounted to 8,500. (6) Trade receivables of the company increased by E1.200 during the full year. (7) A long-term loan of 12,000 was paid back in full to the bank. (8) A new boat was purchased and fully paid for in cash for 40,000. (9) Trade payables of the company increased by 600 during the full year. (10) The company declared and paid a dividend of 10 pence per share (for old and new shares). REQUIRED: (a) Prepare the cash flow statement for London Neptune Ltd for the year ended 31 December 2015. Use the indirect method. [13 marks] (b) Explain how interest payments are classified in cash flow statements prepared in accordance with IAS 7 (the relevant lFRS standard). [4 marks] (c) Comment on the following statement: "Using the indirect method for preparing a cash flow statement usually results in a greater change in cash compared to using the direct method. [3 marks] [Total 20 marks]