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OR F2017 50 E on le ch Cut Fortret Latte PERO PERCE Cake Act Ch Flow Tree Financing Lot She has be Back Samant Congbord Cat der be increase Cath Can Dance: January 2011 Can Balai Deter, 2018 I Es the programs and per thwest PE tantanalrettract the med Tell me what you want to do Editing Help Open in Desktop App EESS * AaBbcc Norme c AaBbcc No Spacing Heading 1 Heading 2 AaBbcc Heading 3 Find Replace Editing Styles Paragraph Question 6 (25 marks) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2017 using the indirect method. Also, Explain the process of preparing Indirect Cashflow and specify the differences with respect to ASPE and IFRS standards between Indirect and Direct Cashflow methods. 2017 2016 20 A Palatino Linotype BIU 2 AEE A Styles New Comment I Cash375250 Accounts receivable8575 Interest receivable56 Inventory8095 Prepaid Expenses4810 Non-current - Note receivable90125 Property, plant and Equipment325330 (net of depreciation) Accounts payable3320 Accrued liabilities4556 Common Shares825755 Retained Earnings10560 Net income50 Depreciation expense? Gain on sale of property1.5 in 000s Cat CastleInc. Statement of Cash Flows For Year Ended December 31, 2017 Cash Flow from Operating Activities: 50 Net income Add: depreciation expense w OR F2017 50 E on le ch Cut Fortret Latte PERO PERCE Cake Act Ch Flow Tree Financing Lot She has be Back Samant Congbord Cat der be increase Cath Can Dance: January 2011 Can Balai Deter, 2018 I Es the programs and per thwest PE tantanalrettract the med Tell me what you want to do Editing Help Open in Desktop App EESS * AaBbcc Norme c AaBbcc No Spacing Heading 1 Heading 2 AaBbcc Heading 3 Find Replace Editing Styles Paragraph Question 6 (25 marks) Given the following information for Cat Castle Incorporated prepare their statement of cash flows for December 31, 2017 using the indirect method. Also, Explain the process of preparing Indirect Cashflow and specify the differences with respect to ASPE and IFRS standards between Indirect and Direct Cashflow methods. 2017 2016 20 A Palatino Linotype BIU 2 AEE A Styles New Comment I Cash375250 Accounts receivable8575 Interest receivable56 Inventory8095 Prepaid Expenses4810 Non-current - Note receivable90125 Property, plant and Equipment325330 (net of depreciation) Accounts payable3320 Accrued liabilities4556 Common Shares825755 Retained Earnings10560 Net income50 Depreciation expense? Gain on sale of property1.5 in 000s Cat CastleInc. Statement of Cash Flows For Year Ended December 31, 2017 Cash Flow from Operating Activities: 50 Net income Add: depreciation expense w