The balance sheets of M Daly, a sole trader, for two successive years are shown below. You are required to draw up a cash flow statement for the year ended 31 December 19X4.

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Balance Sheets as at 31 December 19X3 19X4 19X3 19X4 Land and premises Capital account: (cost 3,000) 2,600 2,340 1 January 4,200 4,700 Plant and machinery Add Net profit for (cost 2,000) 1,500 the year 1,800 2,200 (cost 3,000) 2,300 Stocks Trade debtors Bank 660 630 6,000 6,900 1,780 1,260 Deduct drawings 1,300 1,500 710 4,700 5,400 Trade creditors 1,200 840 Bank overdraft 640 Loan (repayable December 19X9) 1,000 6,540 7,240 6,540 7,240