FiveH Pty Ltd
Statement of financial position
	2019	2018
Assets
Cash	$147,500	$58,100
Accounts receivable	$136,700	$50,000
Inventory	$169,250	$154,775
Prepaid expenses	$28,100	$24,500
Land	$162,500	$141,500
Plant	$405,500	$364,250
Accumulated depreciation	($75,500)	($78,500)
Total Assets	$974,050	$714,625
Liabilities and Equity
Accounts payable	$138,500	$101,450
Accrued expenses payable	$25,550	$26,000
Interest payable	$10,000	$9,000
Debentures payable	$118,000	$141,500
Share capital	$330,500	$278,000
Retained earnings	$351,500	$158,675
Total Liabilities and Equity	$974,050	$714,625
Statement of profit or loss
Sales		$513,500
Cost of sales	$173,690
Operating expenses (Dep. Expense included)	$88,865
Interest expense	$3,845
Loss on sale of plant	$11,750
income tax expense	$11,000	$289,150
Profit after tax		$224,350

Notes:

• Depreciation expense recognised in year 2019 is $69,750.
• Original cost of plant sold in year 2019 is $86,250.
• New plant was purchased for cash.
• Accounts payable pertains to inventory creditors.

Required: (please label your responses as 1.,2.,3.)

(workings are needed).

1. Calculate net cash provided from operating activities by using the direct method. (7/14)
2. Calculate cash flows related to the plant. (4/14)
3. Calculate cash paid for the dividends. (3/14)