Operating activities in the cash flow statement using indirect method

QUESTION Time recommendation: 16 minutes MRJ KidsRUs Ltd is required to prepare a Cash Flow Statement for the yeak ended 30th June 2023. Net profit for the financial year ending 30 June 2023 was $254,000. Financial information for MRJ KidsRUs Ltd goth june 2022 30th June 2023 Cash Accounts Receivable Inventory Prepaid Insurance Property, Plant and Equipment, at cost Accumulated Depreciation Propertys Plant and Equipmene Accounts Payable Salaries Payable Long-term Loan OrdinaryShare Capital $ 5019400 $250,000 $225,000 $74,000 +50,000 $230,000 $185,500 $21,000 $135,000 $450,000 $296,000 $315,500 $179,000 $34,000 $240,000 $170,000 $197,600 $17000 $145,000 .$360000 Assume the following additi nali info mat-monk, No quring the year, MRJ KidsFJJS bank loan, cash diyideods the year. MRJ KidsRVS LgdJ lip ordinary share issue where 9,000 shares were sold. Required: Using the balance sheet information and additional notes provided above, prepare the operating activities section of the Cash Flo Statement using the indirect method, (7 marks) Ayou _may wish to create a table to convey this clearly. Important - do not take a screen shot of your workings from any 90ftyare, program geg Word, Excel or PowerPoint) and insert it as an image for your answer, permitted and any responses that contain screen shots from software programs are considered misconduct/cheating and will be reported to the university. Note: Only the gperating activities section is required, not the entire cash flow statement.