TOTAL: 30 MARKS) Question 2 Mawar Sdn. Bhd. presented the following balances in the company's statement of financial position for 2017 and 2016. Equipment Accumulated depreciation-equipment Inventory Accounts receivable Cash Ordinary share capital, no par value Retained earnings Accounts payable Tax payable December 31,2017 RM 105,450 (48,300) 175,350 19,425 53,925 207,000 55,875 38,475 4,500 December 31, 2016 RM 76,500 (30,600) 139,875 23,250 31,800 165,000 33,450 35,625 6,750 Mawar Sdn. Bhd. presented the following statement of profit or loss for the year ended December 31, 2017. RM 358,535 (107,560) 250,975 (117,700) 133,275 (44,850) 88,425 Sales revenue Cost of goods sold Gross proft ing expenses (including depreciation, RM17,700) Profit before tax Tax expense Profit for the year Additional information in the current year 2017. 1. Dividends paid were RM66,000 cash. 2. Issued 3,000 shares for RM14 per share. 3. New machinery was purchased for cash, RM28,950 during 2017, Required: Prepare a statement of cash flows for M 2017, in accordance to MFRS 107, using the indirect method. awar Sdn. Bhd. for the year ended 31 December (TOTAL: 20 MARKS)