The balances in the accounts of XYZ at 30 June 2023 and 30 June 2024 are:

Other Information

Share capital is increased by the bonus issue of 20 000 shares for $1.00 each out of retained earnings. Plant is acquired during the period at a cost of $30 000, while plant with a carrying amount of $nil (cost of $20 000; accumulated depreciation of $20 000) is scrapped.

REQUIRED
Prepare a statement of cash flows for XYZ Ltd for the year ending 30 June 20224.

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2024 ($000) 2023 ($000) 250 350 130 110 25 30 20 30 30 25 10 15 Cash 144 139 Inventory 180 160 Accounts receivable 270 250 Allowance for doubtful debts 30 35 150 150 100 90 Accumulated depreciation 20 30 Bank overdraft 20 19 Sales (all on credit) Cost of goods sold Doubtful debts expense Interest expense Salaries Depreciation Land Plant