The comparative statements of financial position of Borra Services as at 30 June 2024 and 2025 and the statement of financial performance for the year ended 30 June 2025 are shown overleaf.

Additional information 1. Other expenses include $63 000 depreciation expense.

2. All sales and purchases of inventory are on credit.

Required

(a) Prepare a statement of cash flows from operating activities only for Borra Services Electrical for the year ended 30 June 2025 using the direct method.

(b) Repeat requirement

(a) using the indirect method.