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with the information provided above, prepare a cash flow statement using indirect method. Do not skip any steps and explain where necessary. The draft Income

image text in transcribedimage text in transcribedwith the information provided above, prepare a cash flow statement using indirect method. Do not skip any steps and explain where necessary.

The draft Income Statemeniss for Mwamba Plc for the year ended 31-12-21 thin comparatives is as follows: Draft balance sheets as at 3112 are as follows (1) Plant with a net book value of K260,000 was disposed of on 1= December 2021 for K184000 (ii) A rights issue at 95n per share was made during the year ended 31-12-21 REQUIRED: Prepare a cash flow statement using indirect method (25 Marks)

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