The accounting staffs of Qaseeh Sdn Bhd have assembled the following information for the year ended 31 December 2021: Cash paid to acquire plant assets Proceeds from short-term borrowing Loans made to borrowers Collections on loans (investment) Interest and dividends received (from investment) Cash received from customers Proceeds from sales of plant assets Share dividends paid Cash paid to suppliers Cash paid to employees Cash paid for bond Debenture interest paid RM 32,000 30,000 6,000 5,000 27,000 1,200,000 10,000 75,000 550,000 230,000 55,000 29,000 81,000 Income tax paid Cash received from royalty 5,000 Net profit 350,000 Depreciation 4,000 Cash and cash equivalents, 1 January 2021 50,200 Cash and cash equivalents, 31 December 2021 269,200 Required: a) Prepare the Statement of Cash Flow for the year ended 31 December 2021 using the direct method. [21 marks] b) Describe TWO (2) purposes of preparing the statement of cash flows. 14 marks]