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Cash Flow Statement ( 4 0 marks ) Canoe Corporation follows US GAAP is in the process of preparing its statement of cash flows for

Cash Flow Statement (40 marks)
Canoe Corporation follows US GAAP is in the process of preparing its statement of cash flows for the year ended June 30,2022. An income statement for the year and comparative balance sheets follow:
\table[[Canoe Corporation],[Income Statement],[For the Year Ended June 30,2022],[,],[Sales Revenue,1,062,000
\table[[Canoe Corporation],[Income Statement],[For the Year Ended June 3022],[,],[Sales Revenue,1,062,000
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