The following information is provided by A. Budha for the year ended 30 June 2023.

You are required to:

Prepare a Statement of Cash Flows for the year ended 30 June 2023.

	$
Cash sales	25,000
Credit sales	145,000
Repayment of mortgage:
Principal	55,000
Interest	2,000
Wages paid	46,000
Other operating expenses paid	21,000
Credit purchases	30,000
Payments to accounts payable	32,000
Depreciation expense	5,000
Receipts from accounts receivable	165,000
Dividends received on share investments	550
Proceeds from sale of motor vehicle	2,000
Additional capital introduced by Budha	50,000
Drawings by Budha	20,000
Purchase of motor vehicle	17,500
Net profit	66,550
Cash at bank balance at 1/7/20	$37,000

Statement of Cash Flows for year ended 30 June 2023

	$	$
Cash Flows from Operating Activities:
Cash Flows from Investing Activities:
Cash Flows from Financing Activities:
Net increase (decrease) in cash
Cash at beginning (1 July 2022)
Cash at end (30 June 2023)