The following are the statements of financial positions of L. Tyler Ltd as at 31 May 20X0 and 31 May 20X1:

1. Non-current assets that cost £12,000 and had a book value of £7,500 were sold during the year ended 31 May 20X1 for £8,100. There were no other purchases or sales of non-current assets during that year.
2. The amounts of current tax shown in the statement of financial position as outstanding at 31 May 20X0 were paid during the year ended 31 May 20X1.
3. A dividend of £19,600 was proposed by the directors and later approved by the shareholders for the year ended 20X0 (20X1 – £21,800). In addition, an interim dividend of £6,400 was paid on 1 January 20X1.
4. The company received interest of £1,800 and paid loan stock interest of £1,600 in the year to 31 May 20X1.
5. Property, plant and equipment is made up of the following:

6. Trade receivables is made up of the following:

Required
Prepare a statement of cash flows in accordance with IAS 7 for the year ended 31 May 20X1.

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ASSETS Non-current assets Property, plant and equipment (note 5) Current assets Inventory 20X0 £ 115,000 21,600 20X1 £ 94,000 19,400