Set out below are extracts from the financial statements of ABC Ltd: Income Statement for year ended 30 April 2021 000 000 Sales 4,095 Cost of sales 465 Staff costs 528 Depreciation 729 Loss on disposal of non-current assets 96 Operating profit Interest expense Profit before tax Taxation Profit after Tax Statement of Financial Position as at 30 April 2021 2021 000 000 Assets Non-current assets at cost 9,333 Less: Accumulated Depreciation (1,800) Current Assets 156 Inventory Trade receivables 438 Cash 675 7,533 1.269 1.818 2,277 144 2,133 435 1,698 2020 000 9,633 (1,296) 129 351 300 000 8,337 780 A Total Assets Equity & Liabilities Page 4 of 12 FA583 Financial Accounting & Reporting May/June 2022 Equity Ordinary share capital Share Premium Retained Earnings Liabilities Non-current liabilities Long term loans Current Liabilities Trade Payables 66 45 Taxation 645 540 Total Equity and Liabilities 8.802 Notes: During the year, the company bought new plant for 495.000. 2,250 231 4.560 8,802 7,041 1,050 2,100 180 3.312 300 5.592 2,940 585 9.117 9,117 Equity Ordinary share capital Share Premium Retained Earnings Liabilities Non-current liabilities Long term loans 2,940 Current Liabilities Trade Payables 66 45 Taxation 645 540 585 Total Equity and Liabilities 8,802 9.117 Notes: During the year, the company bought new plant for 495,000. Required: Prepare a statement of cash flows for the year to 30 April 2021 using the indirect method in accordance with IAS 7. (Total: 25 Marks) 2,250 231 4.560 2,100 180 7,041 3,312 1,050 711 5,592