According to the screenshots below answer the following question:

Prepare a Statement of Cash Flows as per AASB 107 using the direct method (reconciliation statement is not required). All workings should be shown, as marks can be gained by showing workings.

Pewter Mugs Ltd Income Statement for the year ended 30 June 2020 7,560,000 7,560,000 Sales Revenue less Cost of Goods Sold Inventory at Beginning plus Purchases 2,023,200 5,600,880 7,624,080 2,238,480 less Inventory at End Gross Profit 5,385,600 2,174,400 410,400 890,640 less Operating Expenses Rent Wages Depreciation Motor Vehicle Equipment Bad and Doubtful Debts Advertising Insurance Interest Loss on Disposal of Vehicle(s) Profit before Tax less Company Income Tax Expense Profit after Tax 32,400 86,400 129,600 174,960 13,680 108,000 1,846,080 10,800 317,520 147,360 170,160 Pewter Mugs Ltd Statement of Changes in Equity for the year ended 30 June 2020 1,512,000 Equity 1 July 2019 Share Capital, 1 July 2019 Issue of Share Capital Share Capital, 30 June 2020 Reserves 1 July 2019 Transfers from Retained Earnings Reserves 30 June 2020 Retained Earnings 1 July 2019 Profit for the Period Transfers to Reserves Interim Dividend Paid Final Dividend Declared Retained Earnings 30 June 2020 Equity 30 June 2020 1,008,000 0 1,008,000 144,000 144,000 288,000 360,000 170,160 -144,000 - 50,400 -100,800 234,960 1,530,960 Pewter Mugs Ltd Comparative Statement of Financial Position as 30 June 2019 2020 Current Assets Cash at Bank Accounts Receivable less Allowance for Doubtful Debts Inventory Prepayments 151,200 1,058,400 - 61,200 2,023,200 20,880 3,192,480 0 1,432,800 - 90,000 2,238,480 16,560 3,597,840 Non-current Assets Equipment less Accumulated Depreciation Motor Vehicles less Accumulated Depreciation 864,000 -432,000 180,000 - 60,480 551,520 3,744,000 864,000 -518,400 288,000 - 55,440 578,160 4,176,000 Current liabilities Accounts Payable Accrued Exp Company Tax Payable Deferred Tax Payable Dividend Payable Bank Overdraft 1,224,000 104,400 108,000 0 75,600 0 1,512,000 1,368,000 156,240 142,560 4,800 100,800 152,640 1,925,040 Non-current liabilities Notes Payable 720,000 720,000 Equity Share Capital General Reserve Retained Earnings 1,008,000 144,000 360,000 1,512,000 3,744,000 1,008,000 288,000 234,960 1,530,960 4,176,000 Required: Prepare a Statement of Cash Flows as per AASB 107 using the direct method (reconciliation statement is not required). All workings should be shown, as marks can be gained by showing workings. (20 marks)