Please help with this statement of cash flow and the differences in direct & indirect method with an example, thank you :)

The following information relates to the activities of Peterson ple: Statement of financial position at 31 December 2021 2020 1.560 1.400 Non current assets Freehold land at cost Plant and equipment -cost Less: accumulated depreciation 1.320 592 1,120 400 228 640 2.060 | 712 Current assets Inventory Receivables Bank 995 603 660 60 1604 1412 1,492 Total assets 3,892 Equity Equity shares Share premium Retained earnings 1.100 420 989 800 320 752 2.500 1872 480 Current fiabilities Trade payables Corporation tax Bank overdraft 460 180 252 240 892 720 Non current liabilities 6% debentures 500 900 Total abilities Total equity and liabilities 1 392 3.892 1.620 3,492 Income Statement for year ended 31 December 2021 Revenue Cost of sales Gross Profit Expenses Profit before tax Corporation tax Profit after tak 9,040 6.840 2,200 -1.532 668 -300 368 Total Statement of changes in equity for year ended 31 December 2021 Share capital Share Retained premium earnings Balance at 1 January 2021 800 320 752 Issue of share capital 300 100 Profit for the year 368 Dividends paid -140 Balance at 31 December 2021 1,100 420 980 1872 400 368 -140 2.500 a) Plant which originally cost E 160 was sold for cash of E28. The profit/loss on disposal is included in expenses. Accumulated depreciation relating to the plant sold amounted to 115 by interests on debeatures of E42 for the year was fully paid by 31 December 2021 and is included in expenses Required a. Prepare the complete statement of cash flow for Peterson plc for the year ended 31 December 2021 in accordance with IAS 7. (15 marks) b. Illustrate the differences between the direct method and indirect method in the development of the operating area of the Statement of Cash Flow. Provide at least one example in your reply. (5 marks) Total 20 marks