The following summarized statements of financial position relate to Mopane Limited: STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 2021 $ $ Non-current assets Property, plant and equipment at cost 780 000 600 000 Less Accumulated depreciation 360 000 240 000 420 000 360 000 Investments at cost 60 000 240 000 480 000 600 000 Current assets Inventory 840 000 480 000 Accounts receivable 1 060 000 1 020 000 Prepayments 800 000 600 000 Cash and cash equivalents - 120 000 2 250 000 2 220 000 Total assets 3 180 000 2 820 000 ======== ======== EQUITY AND LIABILITIES Equity Called up share capital ($1 ordinary shares) 900 000 600 000 Share premium account 240 000 180 000 Retained profits 636 000 804 000 1 776 000 1 584 000 Current liabilities Bank overdraft 72 000 - Accounts payable 1 104 000 960 000 Taxation 228 000 276 000 1 404 000 1 236 000 Total Equity and Liabilities 3 180 000 2 820 000 ======== ======== Additional information: 1. During the year to 31 December 2022, some property, plant and equipment originally costing $30 000 had been sold for $24 000 in cash. The accumulated depreciation on these non-current assets on 31 December 2021 amounted to $12 000. Similarly, some of the investments originally costing $180 000 had been sold for cash at their book value. 2. The taxation balances disclosed in the above statements of financial position represent the actual amounts agreed with ZIMRA. All taxes were paid on their due dates. Advance corporation tax may be ignored, 3. A dividend of 156 000 was paid during the year to 31 December 2022. 4. During the year to 31 December 2022, the company made a 1-for-2 rights issue of 300 000 ordinary $1 shares of 120c per share. Required Prepare Mopane Ltd.s statement of cash flows for the year to 31 December 2022 in accordance with the requirements of IAS 7 using the indirect method. [20 marks]