Question 2 The statement of comprehensive income of Oak plc, a publicly listed company, is as follows: Statement of comprehensive income for the year ended 31 March 2020 000 Revenue Cost of sales Gross profit Distribution costs Administrative expenses Finance costs Profit before tax Income tax expense Profit for the year Gain on revaluation Total comprehensive income 33,600 (22,500) 11,100 (3,600) (3,450) (300) 3,750 (150) 3,600 250 3,850 The following supporting information is available: i) Depreciation of 965,000 was charged (to cost of sales) for property, plant and equipment in the year ended 31 March 2020. An item of plant with a carrying value of 750,000 was sold at a profit of 65,000 during the year. ii) The following extracts from the statements of financial position for the years ended 31 March 2020 and 31 March 2019 are relevant: 2020 2019 000 000 Inventory 4,350 4,050 Trade receivables 1,800 900 Trade payables 850 2,625 Current tax payable 8251,800 Revenue Cost of sales Gross profit Distribution costs Administrative expenses Finance costs Profit before tax Income tax expense Profit for the year Gain on revaluation Total comprehensive income 33,600 (22,500) 11,100 (3,600) (3.450) (300) 3,750 (150) 3,600 250 3,850 The following supporting information is available: i) Depreciation of 965,000 was charged (to cost of sales) for property, plant and equipment in the year ended 31 March 2020. An item of plant with a carrying value of 750,000 was sold at a profit of 65,000 during the year. ii) The following extracts from the statements of financial position for the years ended 31 March 2020 and 31 March 2019 are relevant: 2020 2019 000 000 Inventory 4,3504,050 Trade receivables 1,800 900 Trade payables 850 2,625 Current tax payable 8251,800 YOU ARE REQUIRED TO: a) Calculate the net cash flow from operating activities for Oak plc for the year to 31 March 2020 in accordance with IAS 7 Statement of cash flows using the indirect method. (7 marks)