Question 1 The following are the statements of financial positions of L. Tyler Ltd as at 31 May 2018 and 31 May 2019: 2018 2019 ASSETS EQUITY AND LIABIUTIES Equity \begin{tabular}{lll} Equity shares of 50p each & 60,000 & 70,000 \\ Share premium account & 25,000 & 34,000 \\ Retained earnings & 4,200 & 6,900 \\ Transfer to general reserves & 23,000 & 27,000 \\ Total equity & 112,200 & 137,900 \\ Non-current liabilities & & \\ 8% loan stock & 30,000 & 5,000 \\ Total non-current liabilities & 30,000 & 5,000 \\ Current liabilities & & \\ Trade payables & 8,400 & Poge 1 of 4 \end{tabular} 1. Non-current assets that cost 12,000 and had a book value of 7,500 were sold during the year ended 31 May 2019 for 8,100. There were no other purchases or sales of non-current assets during that year. 2. The amounts of current tax shown in the statement of financial position as outstanding on 31 May 2018 were paid during the year ended 31 May 2019. 3. A dividend of 28,000 was proposed by the directors and later approved by the shareholders for the year ended 2019(201819,600). In addition, an interim dividend of 6,400 was paid on 1 January 2019. 4. The company received interest of 1,800 and paid loan stock interest of 1,600 in the year to 31 May 2019. 5. Property, plant and equipment is made up of the following: 6. Trade receivables are mario un nf tho fallo....ina. Required: Prepare a statement of cash flows in accordance with the IAS7 for the year ended 31 May 2019 (Thomas \& Ward, 2019) Implore Question 1 The following are the statements of financial positions of L. Tyler Ltd as at 31 May 2018 and 31 May 2019: 2018 2019 ASSETS EQUITY AND LIABIUTIES Equity \begin{tabular}{lll} Equity shares of 50p each & 60,000 & 70,000 \\ Share premium account & 25,000 & 34,000 \\ Retained earnings & 4,200 & 6,900 \\ Transfer to general reserves & 23,000 & 27,000 \\ Total equity & 112,200 & 137,900 \\ Non-current liabilities & & \\ 8% loan stock & 30,000 & 5,000 \\ Total non-current liabilities & 30,000 & 5,000 \\ Current liabilities & & \\ Trade payables & 8,400 & Poge 1 of 4 \end{tabular} 1. Non-current assets that cost 12,000 and had a book value of 7,500 were sold during the year ended 31 May 2019 for 8,100. There were no other purchases or sales of non-current assets during that year. 2. The amounts of current tax shown in the statement of financial position as outstanding on 31 May 2018 were paid during the year ended 31 May 2019. 3. A dividend of 28,000 was proposed by the directors and later approved by the shareholders for the year ended 2019(201819,600). In addition, an interim dividend of 6,400 was paid on 1 January 2019. 4. The company received interest of 1,800 and paid loan stock interest of 1,600 in the year to 31 May 2019. 5. Property, plant and equipment is made up of the following: 6. Trade receivables are mario un nf tho fallo....ina. Required: Prepare a statement of cash flows in accordance with the IAS7 for the year ended 31 May 2019 (Thomas \& Ward, 2019) Implore