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The following are the financial statements and extracts of notes of Clover Bhd. Clover Bhd Clover Bhd Clover Bhd Statement of Chanoes in Fowitv for

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The following are the financial statements and extracts of notes of Clover Bhd. Clover Bhd Clover Bhd Clover Bhd Statement of Chanoes in Fowitv for the vearended 31 Tacemher 907 Additional information: (1) Short-term investments are all disposed within 50 days of buying. (2) Detailed information of property, plant and equipment are as follows: The plant was disposed at a loss of RM700,000. Plant acquired through finance lease was RM2.5 million. (3) Intangibles are all research and development costs. No new development costs were capitalised during the year. (4) Long-term investment of carrying value RM1 million was disposed of at a profit. (5) Other operating expenses include: (6) No retirement benefits were paid in the year 2020. Required: Prepare the Statement of Cash Flows using the indirect method of Clover Bhd for the year ended 31 December 2020 in accordance with IAS 7 Statement of Cash Flows

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