5.1 Ene Entity has the following information in respect of its projected cash flows for the year ended 31 December its first year of operation: RM Opening cash balance 485,000 Credit sales (year-end receivable to be RM200,000) 720,000 Cash sales 300,000 Non-current assets purchased (RM300,000 paid in cash and balance on credit) 510,000 Credit purchases of goods for resale (RM120,000 unpaid at year-end) 610,000 Wages and salaries for the year (RM34,000 unpaid at year-end) 110,000 Other expenses 25,000 Loan interest 11,000 Interest on bank deposits 2,300 Repayment of loan 50,000 Tax paid during the year 34,000 Dividend paid 22,000 Required: From the information given, prepare the statement of cash flows