Question: Cash Flow Statement ( 4 0 marks ) Canoe Corporation follows US GAAP is in the process of preparing its statement of cash flows for

Cash Flow Statement (40 marks)
Canoe Corporation follows US GAAP is in the process of preparing its statement of cash flows for the year ended June 30,2022. An income statement for the year and comparative balance sheets follow:
Canoe Corporation
Income Statement
For the Year Ended June 30,2022
\table[[Sales Revenue,$,1,062,000
Cash Flow Statement (40 marks) Canoe Corporation follows US GAAP is

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