cash flow

Smart Movers had the following information for the financial year ending 30 June 2017: Capital contributed $7,920 Payments to suppliers & employees $163,680 Cash balance at beginning of the year 2,640 Proceeds from sale of plant & equipment 4,400 Cash balance at the end of the year 9,680 Proceeds from borrowings 17,600 Depreciation 8,800 Cash purchase of plant & equipment 40,480 Interest paid 4,400 Receipts from customers 227,920 Loss on sale of equipment 3,520 Repayment of borrowings 14,080 Net profit 70,400 Tax Paid 14,960 Payment of drawings 13,200 Prepare a statement of cash flows for Smart Movers, showing the operating, investing and financing activities at 30 June 2017, using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000). Do not use dollar signs in your answer. ) Smart Movers Statement of Cash Flows