Question 3 The following comparative statements of financial position are for BCA Pte Ltd as at 31 December 20x3 and 31 December 20X4. Also provided is an extract of the income statement for the year ending 31 December 20X4. BCA Pte Ltd is incorporated in Singapore and adopts the Singapore Financial Reporting Standards. BCA Pte Ltd (Comparative) Statements of Financial Position as at 31 December 20X3 and 31 December 20X4 20X4 20x3 $ $ Assets Current assets: Cash 72,500 129,100 Accounts receivable 101,000 41,300 Prepaid rental 36,000 48,000 Dividend receivable 1,500 Total current assets 211,000 218,400 Non-current assets: Property, plant and equipment (PPE), net Intangible assets, net Total non-current assets 690,000 110,000 800,000 797,000 120,000 917,000 Total assets 1,011,000 1,135,400 Liabilities and Shareholders' Equity Current liabilities: Accounts payable Tax payable Total current liabilities 62,000 11,000 73,000 57,400 23,000 80,400 Non-current liabilities: Bonds 200,000 300,000 Shareholders' equity: Share capital Retained earnings Total shareholders' equity 500,000 238,000 738,000 500,000 255,000 755,000 Total liabilities and shareholders' equity 1,011,000 1,135,400 BCA Pte Ltd Income Statement (extract) For the year ended 31 December 20X4 $ 573,000 Revenue 200 Other income Interest revenue Dividend revenue Gain on disposal of equipment 3,500 7,800 Expenses Depreciation expense Amortisation Interest expense Other expenses Profit before tax Tax expense Profit after tax (29,000) (10,000) (8,000) (348,000) 189,500 (26,500) 163,000 Notes: (i) The company did not purchase any equipment during the year. (ii) The company's practice is to classify interest receipts/payments and dividend receipts under operating cash flows and dividend payments under another category on the Statement of Cash Flows as allowed by the Singapore Financial Reporting Standard 7 Statement of Cash Flows. (iii) When preparing the Statement of Cash Flows, the company's practice is to present the section on cash flows from operating activities using the indirect method. Required: Prepare a statement of cash flow for BCA Pte Ltd for the year ended 31 December 20X4. Please show all workings clearly. (27 marks)