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Question 2 The financial statements of Geranium Lid are as follows: Statement of Comprehensive Income for the year ended 30 June 2022 tion Paper.pdf Statement

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Question 2 The financial statements of Geranium Lid are as follows: Statement of Comprehensive Income for the year ended 30 June 2022 tion Paper.pdf Statement of financial pesition as at 30 June 2022 5000 Non-current assets Property, plant and equipment at cost Less: Accumulated depreciation Intangible assets 2021 s000 27,000 25,920 (7.452) 19,548 (8,316) 23,6164,068 7,776 3,996 3,348 17,604 2,592 20,196 Current Assets Inventonies Trade receivables Cash at bank Equity and liabilities Capital and resenves Ordinary shares of $1 \begin{tabular}{l} 19,000 \\ 12,960 \\ \hline 32,040 \end{tabular} 14,580 Retained earnings 11,016 25,596 Non-current liabilities 10% loun stock 1,030 900 Current liabilizes Trade payables 3,456 6,228 Taxation 1,080 2,592 Bank overdraft 756 3.820 38,412 35,316 Notes: 1. Three equipment with an original cost of $4,600,000 and a carrying amount (net book value) of $2,500,000 was sold in February 2022 for $2,800,000. 2. The depreciation for the year was $2,300,000. 3. On 31 January 2022 , Jones Ltd issued new ordinary shares at par value. 4. $1,188,00 of dividends was paid during the year Required Prepare a cash flow statement for Geranium for the year ended 30 June 2022 using the indirect method. (20 marks)

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