Additional information: a) During current year, machine costing RM50,000 (book value RM26,000) was sold for RM40,000 b) Dividend paid during the year was RM62,000 You are required to: i) Show the following accounts a. Trade debtors b. Trade creditors c. Interest payable d. Tax payable e. Machinery (10 marks) Additional information: a) During current year, machine costing RM50,000 (book value RM26,000) was sold for RM40,000 b) Dividend paid during the year was RM62,000 You are required to: i) Show the following accounts a. Trade debtors b. Trade creditors c. Interest payable d. Tax payable e. Machinery (10 marks) Present the cash flow of AMAZING Ltd for the year ended 31 December 2021 using direct method (25 marks) The following are the comparative Statement of Financial Position of AMAZING Ltd as at 31 December 2020 and 2021 and the Statement of Comprehensive Income for the year ended 31 December 2021. AMAZING Ltd Statement of Financial Position as at 31 December 2020 and 2021 2020 2021 RM RM Bank 12,000 86,000 Trade debtors 42,000 46,000 Inventory 40,000 52,000 Investments 160,000 200,000 Machine (at cost) 260,000 390,000 Accumulated depreciation (104,000) (158,000) 410,000 616,000 Trade creditors 26,000 36,000 Interest payable 14,000 16,000 Tax payable 14,000 20,000 Long term loan 36,000 52,000 Share capital 286,000 356,000 Retained earnings 34,000 136,000 410,000 616,000 AMAZING Ltd Statement of Comprehensive Income for the year ended 31 December 2021 RM Sales 640,000 COGS (286,000) Gross profit 354,000 Investment income - interest 10,000 Gain on disposal on machine 14,000 Depreciation (78,000) Interest expenses (40,000) Administrative and selling expenses (26,000) Nett profit 234,000 Taxation (70,000) Profit after tax 164,000