Furniture and equipment 500 (50) (100) Financial effects of the entity's operations for the year ended 31 December 20X3 Accrued (Income) or Trade Trade employee Investment Expense Cash receivables payables benefits Inventory property Carrying amount at 01/01/20X3 600 200 (150) (60) 1,000 800 Credit Sales (6,000) 6,000 Credit Purchases (2,200) 2,200 Cost of Goods Sold 3,000 (3,000) Cash receipts from customers 3,600 (3,600) Rental income (40) 40 Cash payments to suppliers (2,000) 2,000 Cash payments to employees 1,500 (1,560) 60 Depreciation 50 Sale of computer (110) 210 Change in fairvalue (100) 100 Profit/carrying amount at 12/31/20X3 (1,700) 890 2,600 (350) 200 900 Extract from the statement of cash flows of the entity for the year ended December 31, 20x3 Cash flows from operating activities Profit for the year: Adjustments for non-cash income and expenses: Adjustment for intem included in investing activities: Changes in working capital: Net cash from operating activities Cash Flows from investing activites Net cash from investing activities Cash and Cash Equivalents Increase in cash for the year ended December 31 Cash at January 1 Cash at December 31 350