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The following are the statement of financial position and soment of profit or lows and other comprehensive income for SAMA Bhd. Cash SAMA Statement of Financial Position As at 31 December 2000 2020 2019 ASSETS RM RM Property, plant and equipment (PPE) 750,000 680,000 Accumulated depreciation - PP (340,000) (220,000) 131.300 40,000 Accounts receivable 500,000 530,000 Inventories 290.000 370,000 Prepaid insurance 30.000 32.000 Patent 139.280 245.280 Total assets 1.601.100 1.677.280 EQUITY AND LIABILITIES Ordinary shares $20,000 470,000 Retained camings 385.000 296,000 Note payable 320,000 526,000 Accounts payable 227.000 197,000 Interest payable 22.000 23,000 Unaamned revenue 70,000 Salaries payable 9.250 5.400 Income tax payable 3250 3.130 Deferred tax liability 43.000 41.750 Dividends payable 20.000 45,000 Total liabilities and equity 1.601.100 1.677.280 SO.DE SAMA Statement of Profit or Loss and Other Coexprehensive Income For the year ended 31 December 2020 RM RM Sales 2,700,000 Cost of goods sold 1,320,000 Salary expenses 114,30 Insurance expense 44,000 Interest expense 47,000 Depreciation expense 80.000 Amortisation expense 30,000 Other expenses 664,000 Loss on sale of equipment 5.000 (2,304.300) Income before tax 395,700 Income tax expense (1 10,796) Net Income 134.914 Additional information: 1. SAMA Bhd sold obsolete equipment with a cor of RM70,000 and accumulated depreciation of RM40,000 for RM25,000 2. SAMA Bhd purchased a new equipment coding RM140,000 replace the baclete equipment. 60% of the purchase payment was made by call 3. All accounts payable were related to inventory purchases 4. Other expenses were paid in cash REQUIRED: Prepare the Statement of Cash Flows for SAMA Bhd for the year ended 31 December 2020 using direct method