1. Extracted accounting information and additional information for Gazela Company are given as follows:

2019 2020

RM RM

Cash ............................................. 40,000 100,000

Accounts receivable ......................... 102,000 90,000

Inventory ....................................... 53,000 75,000

Vehicle (at cost) . 250,000 250,000

Accounts payable ............................ 95,000 115,000

Prepaid Insurance . 2,400 2,800

Insurance Expense ..... 14,400 16,800

Revenue . 153,000 137,000

Additional Information:

1. Net income for 2020 was RM80,000.
2. Depreciation for vehicle is calculated based on straight-line method with a residual value of RM500 and 10 years useful life.
3. There is no purchase and disposal of fixed assets during the year.

Based on the given information, prepare the Operating Activities section of the Statement of Cash Flows, using the indirect method, for the year ended December 31, 2020.