Fool's ParadiseLtd had cash and cash equivalents at 1 January 2019 of $400,000. The transactions ofFool's ParadiseLtd for the year to 31 December 2019 are as follows:

• Borrowed $850,000 with a 9-month loan payable
• Received $6,340,000 cash for customer accounts
• Sold for $360,000 cash a plant asset with a carrying amount of $180,000
• Issued ordinary shares for $480,000 cash
• Purchased a plant asset for $650,000; $237,500 in cash and $412,500 in loan
• Exchanged 60,000 shares for land with a fair value of $1,000,000
• Received a $350,000 dividend in cash
• Received $25,000 interest from term deposit
• Invested $500,000 cash on the short-term money market
• Paid fixed-term loan principal of $900,000 and interest of $90,000
• Cash payments for supplier's accounts $6,300,000
• Dividend paid during the period $200,000
• Wages expense shown in the income statement is $75,000. At the end of the year the balance
• sheet shows prepaid Wages expense of $65,000. There was a prepaid Wages expense of $35,000 at the beginning of the year.
• Required:
• Prepare the statement of cash flows ofFool's Paradise Ltd for the year to 31 December 2019. (10 marks)