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Prepare Company 1's COMPLETE CASH FLOW STATEMENT for 2016 (that includes CFO, CFI, CFF) using INDIRECT approach for CFO part. Explain how to treat for accounting purposes occupation of investment property by Company 2 described in Note 1. Variant 2 1. Prepare Company 2's COMPLETE CASH FLOW STATEMENT for 2016 (that includes CFO, CFI, CFF) using INDIRECT approach for CFO part 2. Financial statements are prepared to allow users make conclusions about company's position and performance. Explain why profit from sale of equipment of Company 1 is presented separately in income statement. Your explanation should include reference to relevant numbers of income statement for 2016. Variant 3 1. Prepare Company 1's COMPLETE CASH FLOW STATEMENT for 2016 (that includes CFO, CFI, CFF) using DIRECT approach for CFO part 2. Explain why provision for penalties (note 2 of Company 2) was recorded in statement of financial position at 31 Dec 2016 considering that there is still some little chance to defend client's claim in future (use definition of liability to support your answer). Variant 4 1. Prepare Company 2's ENTIRE CASH FLOW STATEMENT for 2016 (that includes CFO, CFI, CFF) using DIRECT approach for CFO part 2. Owner of Company 1 is another legal entity X. During 2016 year, X made cash contribution of $6,200. Obviously, that Company I can get economic benefits from the contribution. However, revenue does not include this figure. Explain why owner's contribution (from entity X) was not included in Company's 1 revenue State, how to treat this contribution in statement of cash flow of entity X for 2016 . .