Using the information below, complete the operating cash flow section of the statement of Cash Flows for Ann Ltd using direct method. Ignore tax. Reporting date is 30 June. The balances selected accounts of Ann Ltd at 30 June 2021 and 30 June 2022 were ($000):

2021 2022

Sales (On Credit) 7,830 6,350

Cost of Goods Sold 1,350 1,100

Doubtful Debt expense 275 300

Rent expense 540 450

Salaries expense 820 720

Depreciation expense 250 170

Cash 3,780 1,220

Inventory 3,600 4,320

Accounts receivable 2,250 3,500

Allowance for doubtful debts 320 260

Land 4,000 4,000

Plant 2,750 2,800

Accumulated depreciation 490 450

Accounts payable 3,200 3,500

Rent Payable 100 30

Salaries Payable 120 90

Share Capital 1,100 1,100

Required:

Ann Ltd's operating cash flow section extracted from the Statement of Cash Flows for year ended 30 June 2022 (Direct Method) (T-Account template):