(Buggested time: 36min ) Accountants for Westerm Pharmaceuticals Lid have developed the following data from the company's accounting records for the year ended 30 June 2022 1. Credit sales, $583900. 2. Loan to another compary, 512500 . 3. Cush payments to acquire non-current assets, $59400. 4. Cost of goods sold, $382600 : 5. Proceeds from issue of ordinary shares, $8000. 6. Payment of eash dividends, $48400. 7. Collection of interest, $4400. 8. Acquisition of equipment by issuing ordinary shares, 541000 . 9. Payments of salaries, $93600. 10. Proceeds from sale of non-current assets, $22400, including a $6800 loss. 11. Collections on accounts receivable, $462600. 12. Interest revenue, $3800. 13. Cash receipt of dividend revenue on share investments, $4100. 14. Payments to suppliers, $368500. 15. Cash sales, $180900. 16. Depreciation expense, $59900. 17. Proceeds from issue of short-term debt, $19600. 18. Payments of long-term debt, $50000. 19. Interest expense and payments, $13300. 20. Salary expense, $95300. 21. Loan collections, $12800. 22. Proceeds from sale of investments, $9100, including a $2000 gain. 23. Payment of short-term bill payable by issuing long-term bill payable, $63000. 24. Amortisation expense, $2900. 25. Income tax expense and payments, $37900. 26. Cash balance: 30 June 2021539300 30 June 2022$ ? Required a. Prepare Western's cash flow statement for the year ended 30 June 2022. (16 marks) b. Evaluate the company's cash-flow standpoint by writing a small paragraph ( 3 to 4 sentences). (4 marks) (Buggested time: 36min ) Accountants for Westerm Pharmaceuticals Lid have developed the following data from the company's accounting records for the year ended 30 June 2022 1. Credit sales, $583900. 2. Loan to another compary, 512500 . 3. Cush payments to acquire non-current assets, $59400. 4. Cost of goods sold, $382600 : 5. Proceeds from issue of ordinary shares, $8000. 6. Payment of eash dividends, $48400. 7. Collection of interest, $4400. 8. Acquisition of equipment by issuing ordinary shares, 541000 . 9. Payments of salaries, $93600. 10. Proceeds from sale of non-current assets, $22400, including a $6800 loss. 11. Collections on accounts receivable, $462600. 12. Interest revenue, $3800. 13. Cash receipt of dividend revenue on share investments, $4100. 14. Payments to suppliers, $368500. 15. Cash sales, $180900. 16. Depreciation expense, $59900. 17. Proceeds from issue of short-term debt, $19600. 18. Payments of long-term debt, $50000. 19. Interest expense and payments, $13300. 20. Salary expense, $95300. 21. Loan collections, $12800. 22. Proceeds from sale of investments, $9100, including a $2000 gain. 23. Payment of short-term bill payable by issuing long-term bill payable, $63000. 24. Amortisation expense, $2900. 25. Income tax expense and payments, $37900. 26. Cash balance: 30 June 2021539300 30 June 2022$ ? Required a. Prepare Western's cash flow statement for the year ended 30 June 2022. (16 marks) b. Evaluate the company's cash-flow standpoint by writing a small paragraph ( 3 to 4 sentences). (4 marks)
