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Alan wants to prepare a Cash Flow Statement to have a better understanding of his businesss cash flows. Alan has asked you for assistance with

Alan wants to prepare a Cash Flow Statement to have a better understanding of his businesss cash flows. Alan has asked you for assistance with the preparation of the Cash Flow Statement. The information below was provided by Alan for the year ended 30 June 2024:

$Beginning cash balance as at 1 July 202320,000Cash paid to repay Credit Union Loan55,000Cash injection of Capital by Alan50,000Cash paid for Wages21,000Cash receipts from customers70,000Cash paid to purchase new Equipment20,000Interest paid15,000Drawings taken for personal use10,000Cash received from sale of Machinery75,000Revenue from credit sales10,000Depreciation expense equipment35,000Interest owing for a bank loan (payment due on 5 July 2024)14,000Cash paid for inventories50,000

Prepare a Cash Flow Statement for Alan's Antiques, for the year ended 30 June 2024:

Alan's AntiquesCash Flow Statementfor the year ended 30 June 2024Cash flows from Operating Activities$ Net Cash flows from Operating Activities Cash flows from Investing Activities Net Cash flows from Investing Activities Cash flows from Financing Activities Net Cash flows from Financing Activities Net Increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

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