Question: please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image)

please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image) Please provide answer in text (Without image)

For the year ended 30 June 2023, the following information is available for Scatter Ltd:

2023

2022

Dividend payable

13,000

10,000

Bank loan

100,000

80,000

Share Capital

250,000

200,000

Additional information:

A bonus share dividend of $5,000 and a cash interim dividend of $11,000 were paid during the year.

Repayments of $45,000 on the bank loan were made during the year. Further loans were taken out, partly to cover the cost of a new vehicle for $30,000 and the remainder to inject cash into the business.

Land was purchased, partly paid for by issuing $30,000 shares.

Required:

Calculate the net cash used in financing activities and Present the cash flows in the correct format.

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