1. Write a statement of cash flows based on the information provided above, using the template provided. You can insert and delete rows as required. Provide a total for each category.

2. How could Ron's Music Store increase their net cash flow from financing activities in the future? Identify and explain two (2) ways.

A sole trader, Ron's Music Store has provided an alphabetical list of Q their key nancial reporting information for the year ended 31 December 2022. 9 96,000 30,400 10,100 10,000 5,000 20,000 54,000 196,800 80,000 18,000 320,900 221,500 80,000 2,000 570,000 220,000 Accounts payable as at 31 December 2022 Accounts receivable as at 31 December 2022 Cash as at 1 January 2022 Drawings Electricity bill paid Owner contributed capital Payment of wages to employees Payments to suppliers Proceeds from borrowings Purchase computer equipment with cash Receipts from customers Repayment of borrowings Sale of equipment for cash Telephone bill paid Total assets as at 31 December 2022 Total liabilities as at 31 December 2022