Question: View Policies Current Attempt in Progress Smart Movers had the following information for the financial year ending 30 June 2017: Capital contributed $10,260 Payments to

View Policies Current Attempt in Progress Smart Movers had the following information for the financial year ending 30 June 2017: Capital contributed $10,260 Payments to suppliers & employees $212,040 Cash balance at beginning of the year 3,420 Proceeds from sale of plant & equipment 5,700 Cash balance at the end of the year 12,540 Proceeds from borrowings 22,800 Depreciation 11,400 Cash purchase of plant & equipment 52,440 Interest paid 5,700 Receipts from customers 295,260 Loss on sale of equipment 4,560 Repayment of borrowings 18,240 Net profit 91,200 Tax Paid 19,380 Payment of drawings 17,100 Prepare a statement of cash flows for Smart Movers, showing the operating, investing and financing activities at 30 June 2017, using the direct method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000). Do not use dollar signs in your answer.) Question 1 of 19 < >

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