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Question 3: Preparation and Presentation of the Cash Flow Statement You are employed as the accounts executive for Mixed Radar Limited. Your superior has gone

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Question 3: Preparation and Presentation of the Cash Flow Statement You are employed as the accounts executive for Mixed Radar Limited. Your superior has gone on vacation and requires you to prepare some financial statements. The abbreviated balance sheet of Mixed Radar Limited as at December 31, 2021 and December 3, 2022 are illustrated below 2021 2022 Non-Current Assets Plant and E t (at Cost) $760,000.0 920,000.0 Less; Accumulated ation $288,000 318,000.0 $472,000.0 $186,000.0 $658,000.0 $602,000.0 $214,000.0 S816,000.,0 Plant and Equi (at Net) Total Non-Current As urrent Assets S397,000.0 392,000.0 rade Reccivables ash and Cash E Total Current Assets S596,000.0 $332,000.0 $5,000.0 933,000.0 S0.0 789,000.00 Total Assets 91,000.0 1605,000 00 Liabilities and Owners' Equity Liabilities Non-Current Liabilities $400,000.0 $400,000.0 $100,000. $100,000.0 Total No-Current Liabilities urrent Liabilities Trade crued Ex Income Tax Payable $478,000.0 $64,000.0 $87,000.0 $72,000.0 $96,000.0 verdraft Total Current Liabilities Total Liabilities S629,000.0 029,000.0 $686,000.0 Owners' Equit id-Up Ca Reserves Retained Earnin Total Owners' Equity S350,000.0 $75,000.0 S137,000.0 $562,000.0 S500,000,0 S125,000.0 $294,000.0 919,000.0 Total Liabilities and Shareholders 1,591,000.0 1,605,000

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