QUESTION ONE $[25]$Prepare the indirect cashflow statement for the financial year ended $30$ June $2023$ for BibbyLimited based on the following financial information provided:Statement of Financial Position as at $30$ June $2023$Assets $20232022$Non$-$current assetsProperty, Plant and Equipment $24850002398000$Current assetsInventory $1279000985300$Accounts receivable $412000535000$Cash and Cash equivalents $53130036770022223001888000$Total assets $47073004286000$Equity and liabilitiesEquityShare capital $26500002150000$Retained income $124800074500038980002895000$Non$-$current liabilitiesLoan $9\%456000980000$Current liabilitiesAccounts payable $9780051000$Taxes SARS $154000162000$Shareholders for dividends $101500198000353300411000$Total equity and liabilities $470730042860001$Statement of Comprehensive Income for the year ended $30$ June $202320232022$Sales $52400004985000$Cost of sales $(2354000)(1358000)$Gross profit $28860003627000$Distribution, Administration and other expenses $(2114439)(1767000)$Operating expenses $19434391598500$Depreciation $171000168500$Operating profit $7715611860000$Interest on loan $(72950)(158000)$Profit before tax $6986111702000$Tax $(195611)(476560)$Profit after tax $5030001225440$