From the following information calculate cash flow from operating Activities by applying Direct Method:

Income Statement

For the Year ended $31$st March $2019$

Sales Revenue $240,000$

Less: Cost of goods sold $155,000$

Gross Profit $85,000$

Less: Operating Expenses

Administrative and Office Expenses $13,000$

Selling expenses $30,000$

Operating Profit $42,000$

Non$-$Operating Revenue$/$ Expenses:

Gain on Sale of plant $3,000$

Interest Received $600$

Loss on Sale of Machinery $(6,000)$

Preliminary expenses$($ Written Off$)(2,000)$

Depreciation $(14,400)$

Earnings before Income Tax $23,200$

Less: Payment of Income Tax $(7,200)$

Net Profit $16,000$

Other Balances $01\mathrm{.}04\mathrm{.}201831\mathrm{.}03\mathrm{.}2019$

Account Receivables $28,00032,800$

Stock $16,80023,000$

Creditors $12,00014,600$

Office and Administrative expenses$-$ Outstanding $1,200800$