A summarised comparative balance sheet of entity N is presented below, together with the income statement for the year ended 30 September 2009: 

Additional information: 

• There were no disposals of investments or plant during the year. 

• There are no deferred tax balances. 

• A dividend of EUR 46,000 was paid during the year.

Using the direct method of presenting cash flows from operating activities, prepare a statement of cash flows in accordance with IAS 7 for the year ended 30 September 2009.  

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Cash Trade receivables Inventory Investments Plant Accumulated depreciation Total assets Trade payables Accrued interest Current tax payable Borrowings Share capital Retained earnings Total liabilities and equity 30 September 2008 60,000 92,000 60,000 70,000 250,000 (46,000) 486,000 78,000 6,000 20,000 120,000 200,000 62,000 486,000 30 September 2009 126,000 140,000 64,000 80,000 300,000 (70,000) 640,000 86,000 10,000 24,000 200,000 200,000 120,000 640,000