For the year ended 30 June 2021, Razzle Ltd recorded a Profit after tax of $127,400 after deducting from sales of $900,000 the following expenses: cost of sales $405,000, depreciation on equipment $72,000, bad debts $18,000, interest $30,000, discount allowed $2,000, other accrued expenses $195,000, and income tax $54,600. Razzle Ltd also recorded a discount received of $4,000.

The following additional information is available from Razzle Ltd statement of financial position as at 30 June 2021:

	2021	2020
	$	$
Accounts Receivable	49,300	37,800
Allowance for doubtful debts	(5,000)	(3,000)
Inventory	84,200	86,600
Prepaid expenses	19,000	15,000
Deferred tax asset	11,000	12,800
Accounts payable	58,000	45,400
Provision for employee benefits	20,000	17,000
Other accrued expenses	23,500	25,000
Interest payable	20,000	27,000
Current tax liability	13,500	15,000
Deferred tax liability	18,000	16,900

Required:

Calculate and prepare Cash Flows from Operating Activities (an extract from the Statement of Cash Flows) in accordance with AASB107 Statement of Cash Flows for the year ended 30 June 2021 Use the direct method. (16 marks)