A summarised comparative statement of financial position of Abigail Ltd is presented below, together with the part of the statement of profit or loss for the year ended 30 June 2021.

Abigail Ltd Statement of Financial Position as at 30 June 2021

	2021	2020
Assets	$	$
Cash at bank	68,000	62,000
Accounts receivable	84,500	76,000
Inventory	113,500	124,000
Property Plant and Equipment (Net)	200,000	150,000
Total assets	466,000	502,000
Liabilities
Accounts payable	67,000	60,500
Interest payable	250	750
Provision for employee benefits	3,000	8,750
Borrowings	41,250	45,000
Equity
Share capital	125,000	125,000
Retained earnings	229,500	172,000
Total liabilities and equity	466,000	412,000

Statemet of Profit or Loss (Partial)	2021
Income	($)
Sales (all on credit)	$443,500
Less: Expenses:
Cost of sales	283,000
Employee expenses	98,000
Interest expense	5,000
Depreciation expense PPE	23,750

Additional information (i) A block of land, included in property plan and equipment, costing $50,000 was purchased in cash during the year. (ii) Dividend paid during the year $23,750. REQUIRED Prepare the cash flows from operating and investing activities statement for Abigail Ltd for the year ending 30 June 2021 using the direct method. Show all workings as marks are awarded for workings.