the statements of financial position of flow ltd for the years ended 31 december 20x 1572285

The statements of financial position of Flow Ltd for the years ended 31 December 20X5 and 20X6 were as follows:

Note that during the year ended 31 December 20X6:

1 Equipment that had cost 25,500 and with a net book value of 9,375 was sold for 6,225.

2 The company paid a dividend of 45,000.

3 A bonus issue was made at the beginning of the year of 1 bonus share for every 3 shares.

4 A new issue of 150,000 shares was made on 1 July 20X6 at a price of 1.20 for each 1 share.

5 A dividend of 60,000 was declared but no entries had been made in the books of the company. Required: Prepare a statement of cash flows for the year ended 31 December 20X6 that complies with IAS 7.