Question 3 - This question has 3 parts (6 marks). [2 + 2 + 2] = 6 marks (a) Can cash flow from operations be positive, but loss is incurred? Explain your answer & provide one (1) example. [2 marks] (b) State two (2) differences between statement of cash flows and statement of profit or loss. [2 marks] (c) Information regarding La Dida's Pty. Ltd's first-year operations is provided below. Credit sales $ 300,000.00 Cash sales $ 100,000.00 Cash received from accounts receivable $ 160,000.00 $ 70,000.00 Cost of goods sold Paid inventory purchases $ 90,000.00 Paid operating expenses $ 80,000.00 Additional operating expenses owing at year-end $ 30,000.00 Required: Calculate accrual net profit before tax at year-end. Show workings. [2 marks]