Continental LLC, UAE uses indirect method for preparing its statement of cash flows. It reported a net income of AED 200,000 for the year 2021. Cash at the beginning of year was AED 350,000 During 2021 the working capital accounts were changed as follows: Increase in accounts receivable: AED 44,000 Increase in accounts payable: AED 32,200 Increase in inventory: AED 29,600 . . . . . Purchase of land: AED 300,000 Sale of machinery: AED 50,000 Issuance of ordinary shares: AED 200,000 Payment of dividend: AED 75,000 The depreciation expense was AED 68,000 for year 2021. Required: Compute net cash provided (used) by operating activities, investing and financing activities using indirect method. Question 2 (5 marks): Income statement After graduating from the University of Sharjah, you've joined the accounting department of Amazon LLC UAE. As part of your responsibilities, you will manage the department and guide the junior resources to prepare the income statement for year ended 31 December 2021. Please help them to prepare the income statement of Amazon LLC UAE based on the information given in the trial balance: Amazon LLC, UAE Trial Balance As on 31. December 2021 Items AED Sales 4,053,081 Cost of goods sold 2,982,541 Sales returns 66,427 Sales discount 34,241 Sales salaries 302,644 Travel and entertainment 58,940