Prepare a statement of cash flows

p&l statement;

Financial position statement:

Notes;

there were no disposals of land, plant or machinery.

There was a new share offer of $10,000

Anew loan of 15000 was taken out and an existing loan of $10,000 was paid

A dividend of 21000 was paid

S'000 $'000 272 Sales Cost of sales Opening inventory + Inventory purchases 20 147 167 20 147 125 - Closing inventory Gross profit Expenses Wages and salaries Interest expense Depreciation expense Other expenses 16 7 a 40 85 86 Interest received Profit before tax Tax Profit after tax Retained earnings 31 December 2019 26 60 11 71 Dividends paid Retained earnings 31 December 2020 21 50 2020 2019 $ 000 $ 000 Current assets Cash at bank Accounts receivable Inventory Prepaid expenses 11 50 16 2 56 16 11 25 26 129 97 Non-current assets Land and buildings Plant and machinery at cost Less: Accumulated depreciation 216 51 203 43 160 165 294 380 257 342 Total assets Current liabilities Accounts payable Income tax payable Accrued expenses 36 62 26 18 10 72 ee 125 120 Non-current liabilities Loan Equity Paid-up ordinary capital Retained earnings 133 123 50 123 11 134 Total liabilities and equity 380 342