Question: Pls answer asap Using the information below, complete (i) the operating cash flow section of the Statement of Cash Flows and (ii) the note to

Pls answer asap

Using the information below, complete (i) the operating cash flow section of the Statement of Cash Flows and (ii) the note to the accounts for Noosa Ltd. Your presentation must be consistent with the requirements of AASB107. Ignore tax. The balances of selected accounts of Noosa Ltd at 30 June 2022 and 30 June 2023 were ($000):

2022

2023

Cash

3250

1150

Inventory

3720

4350

Accounts receivable

3200

4530

Allowance for doubtful debts

620

490

Land

3600

3600

Plant

2550

2980

Accumulated depreciation

510

430

Accounts payable

3500

3700

Rent payable

60

20

Salaries payable

80

30

Share capital

900

900

Sales (on credit)

7380

6210

Cost of goods sold

1980

2640

Doubtful debts expense

340

450

Rent expense

620

590

Salaries expense

730

620

Depreciation expense

260

170

Additional information:

net profit after tax for financial year 2023 was $1740.

reporting date is 30 June

Required: (i) Noosa Ltds operating cash flow section extracted from the Statement of Cash Flows for year ended 30 June 2023 (Direct Method) (T-account) (ii) Reconciliation of net cash by operating activities to net profit

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