Hi tutor. I'm having trouble to solve this question. I need expert tutor help me on this. Subject: Business accounting

b) You have newly joined as an accountant in a bookstore. Your manager has provided you with the following information for the year ended 31st December 2020. Proceeds from sale of equipment RM 100.000 Cash paid to employees RM 240.000 Depreciation expense RM 50.000 Repayment of long-term borrowing RM 450,000 Cash paid for rent RM 115.000 Issuing shares to a lender for a repayment of a long-term debt RM 1,200,000 Cash paid for general expenses RM 300,000 Purchase of land RM 250.000 Proceed from issue of shares RM 300,000 Cash received for interest RM 15.000 Additional information: Beginning balance of cash and cash equivalent as at 1 January 2020, was $1,600,000. You are required to prepare a Statement of Cash Flows using the direct method. (15 marks)