T. Bone is a sole trader and reports the following for the year ended 30 June 20X2:

1. The 20X1 provision for bad debts was £600.
2. The 20X2 provision for bad debts is £840.
3. The motor van was sold for £2,300.
Required
Prepare the statement of cash flows in accordance with IAS 7 for T. Bone for the year ended 30 June 20X2.

T. Bone Statements of financial position as at 30 June 20X2 20x1 ASSETS Non-current assets Motor vans Depreciation to date 10,500 (4,448) 6,052 14,500 (5,628) 9.872 Current assets 16.352 5,250 4,093 25695 31.,747 12.558 6,580 2,358 21,496 30,368 Trade receivables less bad debt provision Bank Total assets EQUITY AND LIABILITIES Equity Capitdl Profits 10,808 28,689 39,497 (24,000) 15,497 8,799 24,009 32,808 22,000) 10,808 Drawings Total equity Non-current liabilities 10% loan Total non-current liabilities Current liabilities Trade payables Total current liabilities Total liabilities Total equity and liabilities 6,000 7,000 7,000 6,000 0,250 10250 16,250 31,747 12,560 12,560 19,560 30,368 T. Bone Statement of profit and loss for the year ended 30 June 20X2 (extract) 56,325 1,026 57,351 Gross profit Add: discounts received Less expenses: Wages Motor expenses Loan Interest Bad debts Increase in bad debts provision Loss on sale of motor van 18,930 6,582 600 650 240 570 28,662 28,689 Profit for the year