7.22 The cash flows below were extracted from the accounts of Martin Jones, a music shop owner for the year ended 30 June 2023. Repayment of loan Sale of property Interest received Payments to employees Receipts from customers Expenses paid Computer equipment purchase GST paid Payments to suppliers Income taxes paid Beginning cash balance S Prepare a statement of cash flows using the direct method. $420 000 390 000 1560 63 000 295 000 16 500 24 000 970 156 000 3 120 8 800