The balance sheet of S$.$ Ltd for the years ended $31$ December $2021$ and $31$ December $2022$ were summarised and shown below:

$20222021$

Fixed assets $($at written down values$)$ Sh$.$ Sh$.$

Premises $10,00010,000$

Fixtures $17,00011,000$

Vehicles $12,5008,000$

Current assets

Stock $17,00014,000$

Debtors $8,0006,000$

Bank and cash $23,00029,500$

$87,50078,500$

Ordinary shares of sh$1$ per share $60,00050,000$

Reserves

Profit and Loss $5,0004,000$

Creditors due in less than one year

Trade creditors $4,0002,500$

Taxation $1,5001,000$

Proposed dividends $2,0001,000$

Creditors due in more than one year

$10\%$ debentures $15,00020,000$

$87,50078,500$

Note: The $10\%$ debentures were redeemed and cancelled on $31$ December $2022$

The profit and Loss account for the year ended $31$ December $2022$ was summarised thus:

sh sh

Turnover $36,250$

Cost of sales $(21,750)$

Gross profit $14,500$

Profit on disposal of vehicles $700$

$15,200$

Less:

Wages and salaries $1,600$

Other $($cash$)$ expenses $3,600$

Depreciation $3,500$

Debenture interest $2,000$

$10,700$

Profit before tax $4,500$

Less: Tax $1,500$

Profit after tax $3,000$

Less: Proposed dividends $(2,000)$

Retained profit: for year $1,000$

: Brought forward $4,000$

: Carried forward $5,000$

Separate bank and cash accounts for the year ended $31$ December $2022$ were summarised as shown below:

Bank

sh

Cash

Sh

Bank

sh

Cash

sh

Opening balance b$/$d

Receipts from debtors

Receipts from fixed asset disposals $$ vehicles

Ordinary share issue

Transfer from cash $25,300$

$30,500$

$1,200$

$10,000$

$4,650$

$\_4,200$

$3,750$

$500$

$-$

$-$

$\_$ Trade creditors

Wages, salaries

Other expenses

Debenture interest

Fixed assets

fixtures

vehicles

Tax paid

Dividends paid

Debentures: redeemed

Transfer to bank

Closing balances c$/$d $23,250$

$700$

$2,400$

$2,000$

$7,000$

$8,000$

$1,000$

$1,000$

$5,000$

$21,300-$

$900$

$1,200$

$-$

$-$

$-$

$4,650$

$1,700$

$71,6508,45071,6508,450$

Opening balances b$/$d $21,3001700$

Required:

A cashflow statement by the use of direct and indirect method.