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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 2023 20,000
Cash paid to repay Credit Union Loan 55,000
Cash injection of Capital by Alan 50,000
Cash paid for Wages 21,000
Cash receipts from customers 70,000
Cash paid to purchase new Equipment 20,000
Interest paid 15,000
Drawings taken for personal use 10,000
Cash received from sale of Machinery 75,000
Revenue from credit sales 10,000
Depreciation expense equipment 35,000
Interest owing for a bank loan (payment due on 5 July 2024) 14,000
Cash paid for inventories 50,000

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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