6.5 Gaston’s business prepares accounts to 31 December each year. In the year ended 31 December 20X2 inventory, trade receivables and trade payables are shown in the statement of financial position, with comparative figures at 31 December 20X1, as follows:

20X2 20X1

£ £

Inventory 37,669 31,470 Trade receivables 21,777 19,303 Trade payables 18,250 16,264 Gaston’s net profit for the year ended 31 December 20X2 is £36,027, after deducting total depreciation charges of £4,585.

What is the net cash inflow from operating activities for inclusion in Gaston’s statement of cash flows for the year ended 31 December 20X2?

a) £47,299

b) £29,340

c) £33,925

d) £34,688