(Solved): help QUESTION 1 Penang Metal Bhd (PMB) is a company that manufactures and exports semiconductor chip ...

help QUESTION 1 Penang Metal Bhd (PMB) is a company that manufactures and exports semiconductor chips to the global market. Comparative Statement of Financial Position as at 30 June 2023 and 2024 are presented as follows: Additional information: 1. Profit after taxation for the year 2024 was RM479,280. 2. Interest expense and income tax were RM20,000 and RM177,800 respectively. Both expenses were paid by cash. 3. A building with a cost of RM300,000 was purchased by paying RM160,000 in cash and issuing RM140,000 ordinary shares. 4. Equity investments that cost RM90,000 were sold during the year for RM122,400. 5. Penang Metal Bhd issued ordinary shares for cash of RM240,000. 6. There was no purchase or disposable of intangible assets during the year. REQUIRED: Prepare the Statement of Cash Flows for Penang Metal Bhd for the year ended 30 June 2024 using the indirect method in accordance with MFRS 107 Statement of Cash Flows.