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Grouper Textiles Ltd. entered into a lease obligation during 2023 to acquire a cutting machine. The amount recorded to the Rightof-Use Asset account and the

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Grouper Textiles Ltd. entered into a lease obligation during 2023 to acquire a cutting machine. The amount recorded to the Rightof-Use Asset account and the corresponding Lease Liability account was $84,000 at the date of signing the lease. Grouper made the first annual lease payment of $2,530 at the date of signing and by the end of 2023 had recorded depreciation of $1,000 for the machine. Provide the necessary disclosure for these transactions on the statement of cash flows prepared using the direct method. Grouper follows IFRS and records its interest payments as a financing activity. (Show omounts that decrease cash flow with either a negative sign e.g. 15,000 or in parenthesis e. 3.(15,000)

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