Q$4$

On $31$ Dec $2022,$ ABC Co$.$ Ltd$\text{'}$s shareholders contributed $$500,000$ in equity funding to start the company.

In $2023,$ the following activities took place:

On $1$ Jan $2023,$ ABC borrowed $$1m$ from a bank at $2\%$ interest rate. The loan matures $5$ years later.

On $1$ Jan $2023,$ ABC bought a machine for $$300,000,$ all paid in cash. The machine's useful life is $10$ years. Salvage value is $$0($assume $$0$ unless

otherwise stated$).$

On $1$ Jan $2023,$ ABC bought inventory worth $$600,000,$ out of which $$520,000$ has already been paid in cash to the suppliers.

The company recorded sale revenue of $$710,000$ for the $$480,000$ worth of inventory that was sold. Assume no other expenses. As of $31$ Dec $2023,$

ABC Co$.$ has collected $$500,000$ in cash from its customers for the goods sold.

Interest is all paid in cash items assumed received$/$paid in cash unless otherwise stated$).$

Taxes are all paid in cash. Tax rate is $30\%.$

On $20$ December, $2023,$ ABC paid $$26,000$ in dividend to the company's shareholders.

For the financial year $2023,$ i$.$e$.,$ from $1$ January $2023$ till $31$ Dec $2023$:

Calculate the cash flow from operations based on the indirect method that includes the net income.

Q$5$

What is the cash flow from financing activities?

Q$6$

What is the cash flow from investing activities?