TWO a) The summarized statements of financial position of Dakyebi Ltd at 31 December 2016 and 2017 are as follows. 2017 2016 Issued share capital GH'000 GH000 Share premium 150,000 100,000 Retained earings 35,000 15,000 41,000 Long-term loans 14.000 30,000 Payables 70,000 Bank overdraft 48,000 34.000 14,000 Tax payable 33,000 21,500 Proposed dividends 15.000 7,500 Depreciation: Plant and machinery 54,000 45,000 Fixtures and fittings 15.000 13.000 421.000 334.000 Freehold property at cost 130,000 110,000 Plant and machinery at cost 151,000 120,000 Fixtures and fittings at cost 29.000 24,000 Inventories 51,000 37,000 Trade receivables 44,000 42.800 Long-term investments 4,600 Cash at bank 11.400 200 421.000 334.000 The following information is relevant: (a) There had been no disposal of freehold property in the year. (b) A machine tool which had cost GHc8,000,000 in respect of which GHe 6,000,000 depreciation had been provided) was sold for GH 3.000.000. and fixtures which had cost GHc5,000,000 (in respect of which depreciation of GH 2,000,000 had been provided) were sold for GH 1,000,000 Profits and losses on those transactions had been dealt with through the statement of profit or loss. (c) The statement of profit or loss charge in respect of tax was GH 22,000,000 (d) The premium paid on redemption of the long-term loan was GH 2,000,000, which has been written off to the statement of profit or loss (e) The proposed dividend for 2016 had been paid during the year (f) Interest received during the year was GH6450,000. Interest charged in the statement of profit or loss for the year was GHc6,400,000. Accrued interest of GH 440,000 is included in payables at 31 December 2016 (nil at 31 December 2017). @) The government stock is a long term investment. Required: Prepare a cash flow statement for the year ended 31 December 2017. in accordance L4S 7 using the indirect method [20 marks)