The following information is related to Kluster Sdn Bbd on 31 December 2015 2014. Egnity Ondinary shares 3% Redeemable preference shares Capital redeaption reserve 31 Dee 2015 31 Frechoid land Machinery (NBV) Long term ievestmont Short term investmest 80,000 40,000 105,000 56,000 20,000 Retained profits Asset revluationrserve Tax payable 4,000 8,000 53,000 ,000 16,000 6,000 12,000 72,000 2.500 Dividends pryable Trade payable Prepaid advertisement exponse Aocrued selling and distribation expense Bank overta Cas in hand Additional inomation: 1. Redeemable preference shares were rodoemod at 10% premium. The promium on redemptioe was wrien off to the share premium account. These preference shares were redoemed out of profi. 2Depreciation on machinery charged in the statement of comperehensive income was RM16,000 Land was revalsed and the surplus on revaluation of RM20,000 bas been credited to the asset revaluation reserve. There was no disposal of land in 2015 Last year's dividend payable was paid tis year 5. Pro for the year is RM24,000. Tax expense charged the income statement Was R.M5,800 6.Mackinery was disposed of at aprofit of RM2,000. There was no purchase of machinery in 2015, Short terns investmn qualifies as cosh and cash equivalem Prepare aStatement of Cash Flows for the yer nded 31 December 2015 Kluster Sde Bhd using the indireet method b) Discuss two (2) limitations of cash flow statmnt The following information is related to Kluster Sdn Bbd on 31 December 2015 2014. Egnity Ondinary shares 3% Redeemable preference shares Capital redeaption reserve 31 Dee 2015 31 Frechoid land Machinery (NBV) Long term ievestmont Short term investmest 80,000 40,000 105,000 56,000 20,000 Retained profits Asset revluationrserve Tax payable 4,000 8,000 53,000 ,000 16,000 6,000 12,000 72,000 2.500 Dividends pryable Trade payable Prepaid advertisement exponse Aocrued selling and distribation expense Bank overta Cas in hand Additional inomation: 1. Redeemable preference shares were rodoemod at 10% premium. The promium on redemptioe was wrien off to the share premium account. These preference shares were redoemed out of profi. 2Depreciation on machinery charged in the statement of comperehensive income was RM16,000 Land was revalsed and the surplus on revaluation of RM20,000 bas been credited to the asset revaluation reserve. There was no disposal of land in 2015 Last year's dividend payable was paid tis year 5. Pro for the year is RM24,000. Tax expense charged the income statement Was R.M5,800 6.Mackinery was disposed of at aprofit of RM2,000. There was no purchase of machinery in 2015, Short terns investmn qualifies as cosh and cash equivalem Prepare aStatement of Cash Flows for the yer nded 31 December 2015 Kluster Sde Bhd using the indireet method b) Discuss two (2) limitations of cash flow statmnt