The balance sheets for Choolwe & Co Ltd for the years ended 2017, 2018, and 2019 are as follows: 2017 2018 2019 Non Current assets K000 K000 K000 Plant and Equipment 13,200 16,110 16,410 Current assets Inventory 2,190 2,280 2,490 Trade debtors 2,040 2,280 2,490 Short-term investments 4,200 1,800 1,290 Cash at bank and in hand 1,920 1,650 2,160 Creditors: amounts falling due within one year Short-term loans (2,340) (2 ,580) (2,550) Trade creditors (2,760) (2,610) (2,670) Taxation (360) (420) (530) Total current liabilities 5,460 5,610 5,750 Net current assets 4,890 2,220 2,620 Total assets less current liabilities 18,090 18,330 19,030 Other data Income before tax 960 1,020 1,590 Tax on annual profit 360 420 530 Tax paid during the year 300 360 420 Annual depreciation 645 780 900 Dividends declared and paid 360 360 360 In 2017, equipment was sold at a loss of K210,000. New Equipment in 2017 cost K5,100 000 and in 2018 cost K1,200,000. Income transferred to other reserves in 2018 and 2019 amounted to K780 and K510 respectively. REQUIRED: Prepare a statement of cash flows for 2018 and 2019 in accordance with FSR 1 and how they would be presented under 1AS7.