QUESTION $3$ Note: Answer this question individually in the Assignment $2$ Answer Booklet. Gripe Ltd asked you to prepare the cash flows from operating activities section of their Statement of Cash flows using the direct method. Information: $1.$ The GST rate is $\backslash (15\backslash \%\backslash ).2.$ The income tax paid for the year was $\backslash (\backslash$$ $30\backslash ).3.$ During the year, there were cash sales of $\backslash (\backslash$$ $345\backslash ).4.$ The GST account was a liability of $\backslash (\backslash$$ $10\backslash )$ at the beginning of the year. By the end of the year the GST account was a receivable of $\backslash (\backslash$$ $22\backslash ).5.$ Gripe Ltd provided you with the following general ledger accounts. Accounts receivable $($AR$)$ Accounts payable $($AP$)$ Inventory Required: $($i$)$ Reconstruct the GST payable$/$receivable GL account. $($ii$)$ Prepare the CFOA section of the SCF for Gripe Ltd$.$