urgent

Additional information 1. During the year ended 31 December 2011 , the company sold a piece of equipment for $3,053,000 realising a profit of $1,540,000. There were no other disposals of non-current 2. assets during the year. 3. Profit from operations is stated after charging depreciation of $5,862,000. 3. There we no amounts outstanding in respect of interest payable or receivable as at 31 4. December 2011 or 2010. 4. There were no dividends paid or dclared during the year. Required a. Prepare a statement of cash flows for Sweet Cherry Ltd for the year ended 31 December 2011 in accordance with the requirements of IAS 7 using the indirect method. Show all workings. (19 marks) b. Explain two (2) why statements at cash flows are useful to: i. Internal users (3 marks) ii. External users