Please form in the same way as question if possible. thank you. Required:

Prepare the operating activitles section of the SCF$,$ using the Indirect approach and the two$-$step presentation method. $($List any

deduction in cash and cash outflows as negative amounts. Assume that dividends paid are financing activities, and assume that

interest pald and recelved, and dividends recelved, are operating transactions. Enter your answers in thousands.$)$

Calculate cash paid for Interest and income tax, assuming that Interest expense is $$147$ and Income tax expense is $$186.($Enter your

answers in thousands.$)$Selected accounts from the SFP of Iraj Ltd$.$ at $31$ December $20$X$5$ and $20$X$4$ are presented below, in thousands. Iraj reported earnings of $$710$ in $20$X$5,$ and depreciation expense was $$175.$ Bonds of $$150$ par value were issued during the period for $$135$ and a discount of $$15$ was originally recorded.

As at $31$ December $20$X$520$X$4$

Accounts receivable $ $468$ $ $650$

Inventory $383272$

Accounts payable $243297$

Interest payable $4520$

Deferred income tax liability $200160$

Bonds payable $780630$

Discount on bonds payable $(18)(21)$

Required:

$1.$ Prepare the operating activities section of the SCF$,$ using the indirect approach and the two$-$step presentation method. $($List any deduction in cash and cash outflows as negative amounts. Assume that dividends paid are financing activities, and assume that interest paid and received, and dividends received, are operating transactions. Enter your answers in thousands.$)$

$2.$ Calculate cash paid for interest and income tax, assuming that interest expense is $$147$ and income tax expense is $$186.($Enter your answers in thousands.$)$