CORRgrong Question One Using the information from Fahad Aerobics Studio, prepare Cash From the per below. (Worth 17 marks - Each right answer worth 1 mark) Cash Receipts Collection from customers Cash receipt from sale of land Cash Receipts from issuance of stock by owners Cash balance June 30, 2019 254500 34000 32000 25000 115000 49000 54000 102000 Cash Payments Payment for suppliers Payment for employees'salaries Payment for Interest and the expen Cash Purchase of Plant Assets Cash Payments of Notes Payable Cash Payment of Dividends to owners 17006 10500 Fahad's Aerobic Studio Statement of Cash Flows For the year ended June 30, 2020 Millions MacBook Air 2 BO 93 $ % 5 06 Farstudio Statement of Cash For the year 19,2070 Milos Cash flows from used for operating activities Net Cash flows from operating activities Cash flows from (used for) Investing activities: Net Cash flows from investing activities Cash flows from (used for) financing activities: Matshominis MacBook Air 20 $ % 5 06 V Net Cash flows from sperating activities Cash flows from used for investing activities Net Cash flows from investing activities Cash flows from used for) financing activities: Net Cash flows from financing activities Net increase/ decrease in cash Cash Balance, June 30th, 2019 Cash Balance, June 30, 2020 MacBook Air 27 DO Do & $ % 5 06