The following are the comparative Statement of Financial Position of Aurielia Ltd. as at 31 December 2016 and 2017, and the Statement of Comprehensive Income for the year ended 31 December 2017.

Statement of Financial Position as at 31 December 2016 and 20172016 RM

2017 RM Bank 12,000 86,000 Trade Debtors 42,000 46,000 Inventory 40,000 52,000 Investments 160,000 200,000 Machine (at cost) 260,000 390,000 Accumulated depreciation (104,000) (158,000)410,000 616,000Trade creditors 26,000 36,000 Interest payable 14,000 16,000 Tax payable 14,000 20,000 Long-term loan 36,000 52,000 Share capital 240,000 304,000 Share premium 46,000 52,000 Retain earnings 34,000 136,000.

Statement of Comprehensive Income for the year ended 31 December 20172017 RM Sales 640,000 COGS (286,000) Gross profit 354,000 Investment income - interest 10,000 Gain on disposal of machine 14,000 Depreciation (78,000) Interest expenses (40,000) Administrative and selling expenses (26,000) Nett profit 234,000 Taxation (70,000) Profit after tax 164,000

Additional information:

i. During the current year, machine costing RM50,000 (book value RM26,000) was sold for RM40,000. ii. The dividend paid during the year was RM62,000.

Required: Prepare the cash flow statement for the year ended 31 December 2017 using the direct method.