The following Balance Sheets of financial positions for the year ended 31st December 2021 and 2022 have been prepared for Boris Limited. Statement of financial positions at: Fixed Assets Plant and machinery at cost Less: Depreciation Investments at cost Current assets Inventory Trade receivables Cash Capital and reserves Ordinary share capital Share premium account Retained earnings Shareholders' funds 31.12.22 75,000 -30,000 40,000 27,000 46,000 9,000 25,000 45,000 67,000 112,000 80,000 31.12.21 75,000 -22,500 24,000 18,000 12,000 46,000 9,000 15,000 52,500 11,000 54,000 117,500 70,000 Long-term liabilities Loans Current liabilities Trade payables Bank overdraft 22,000 10,000 32,000 112,000 Additional information: There were no purchases or sales of plant and machinery during the year. Required 1. Mr Boris has asked you to prepare Boris Limited's statement of cash flows for the year ended 31st December 2021. (18 Marks) 2. Write a short memo to Mr Boris explaining the findings of your statement of cash flow. (7 Marks) 29,500 18,000 117,500