Wilko Ltd had cash and cash equivalents at 1 July 2016 of $100 000 The transactions of

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Wilko Ltd had cash and cash equivalents at 1 July 2016 of $100 000 The transactions of Wilko Ltd for the year to 30 June 2017 are as follows 1 Received $380 000 cash for customer accounts 2 Invested $100 000 cash on the shortterm money market 3 Sold for $40 000 cash a plant asset with a carrying amount of $30 000 4 Issued ordinary shares for $120 000 cash 5 Cash payments for suppliers accounts $250 000 6 Purchased a plant asset for $87 000 $27 000 in cash and $60 000 vendor loan 7 Insurance expense shown in the income statement is $14000 At the end of the year the balance sheet shows prepaid insurance expense of $7000 There was a prepaid insurance expense of $6000 at the beginning of the year 8 Exchanged 10 000 shares for land with a fair value of $100 000 9 Received a $40 000 dividend in cash 10 Paid fixedterm loan principal of $80 000 and interest of $8000 11 Dividend paid during the period $20000 12 Borrowed $30 000 with a 6month loan payable Required Prepare the statement of cash flows of Wilko Ltd for the year to 30 June 2017