Additional information: - Ignore income tax for the purpose of this question. - GYG Ltd classifies interest paid as an operating cash flow. - No items of plant and equipment were sold during the year. The income statement of GYG Ltd for the year ended 30 June 2022 , and its two most recent balance sheets are set out below: \begin{tabular}{|lr|r|} \hline \multicolumn{1}{|c|}{ GYG Ltd Income Statement } \\ & for the year ended 30 June 2022 & \\ & & \\ \hline Revenue & & 914,300 \\ Sales revenue & (526,000) \\ Less: Cost of sales & 388,300 \\ \hline Expenses: & \\ \hline Depreciation expense & (7,000) \\ \hline Insurance expense & (4,100) \\ \hline Interest expense & (4,500) \\ \hline Repairs expense & (2,850) \\ \hline Rent expense & (30,000) \\ \hline Wages expense & (192,300) \\ \hline Profit & 147,550 \\ \hline \end{tabular}