Adelaide Pharmacy Ltd Statement of Profit and Loss and Other Comprehensive Income for the year ended 30 June 2023 Sales Less : Cost of Sales GROSS PROFIT Add : Other Income Consultation Service Revenue Gain on Sale of Property, Plant \& Equipment Less: Expenses: Interest Expense Income Tax Expense Other Operating Expenses 22,550 5,500 28,050 135,344 \$ 216,700 109,406 107,294 B. Reconcile profit and net cash provided (used) by operating activities using the indirect method. Pharmacy Adelaide Ltd Comparative Statements of Financial Position as at 30 June 2023 ASSETS Cash at Bank LIABILITIES Accounts Payable Interest Payable Income Tax Payable Other Expenses Payable Debentures Payable Share Capital Retained Earnings Additional information: 1. Property, Plant and Equipment costing $161,000 was purchased for cash during the year. 2. Property, Plant and Equipment costing $45,500 was sold during the year. 3. Other operating expenses include $35,500 depreciation expense on Property, Plant and Equipment 4. All sales and purchases of inventory were on credit. 5. Land was sold at cost. 6. Ignore taxes. Required: A. Prepare the Statement of Cash Flows for Pharmacy Adelaide Ltd for the year ended 30 June 2023 using the direct method