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The accounting staffs of Rafeal Nadal Ltd. have assembled the following information for the year...

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Accounting

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The accounting staffs of Rafeal Nadal Ltd. have assembled the following information for the year ended 31 December, 2009: RM Cash and cash equivalents, 1 Jan 55,200 Cash and cash equivalents, 31 Dec 74,200 Cash paid to acquire plant assets 32,000 Proceeds from short-term borrowing 30,000 Loans made to borrowers 6,000 Collections on loans (investment) 5,000 Interest and dividends received (from Investment) 27,000 Cash received from customers 1,000,500 Proceeds from sales of plant assets 10,000 Share dividends paid 75,000 Cash paid to suppliers 550,000 Cash paid to employees 285,000 Debenture Interest paid 29,000 Income tax paid 81,000 Required: Prepare the Cash Flow Statement for the year ended 31st December 2009 using the direct method

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