Hi, Can you please help me with the calculation on the Cash flow statement Direct method and Reconciliation of operating activities. Please show me the calculation thank you.

Additional Information:

Land: On 1 August 2020 purchases a small land. There is no debt or financing to make this purchase

Plant and equipment: You have noted the following in relation to plant and equipment:

a. In September 2020 purchased $300,000 worth of plant and equipment, which was installed on the same day on new parcel of land purchased in August. This is the only purchase of plant and equipment in the year ended 30 June 2021.

b. On 10 October 2020 disposed of an item of plant which had cost the company $100,000. At the date of disposal, the accumulated depreciation on the item was $17,000. This was the only item of plant and equipment sold for the year ended 30 June 2021.

Accounts payable: includes amounts owing in relation to the purchase of plant and equipment of $96,000 as at 30 June 2020 and $108,000 as at 30 June 2021.

Long service leave: In January and February 2021, one of the staff took some of their long service leave, totalling $12,000.

Other Expenses: the following expense items are included within the total of 'Other' expenses:

a. $125,000 of expenditure on a new product being developed.

b. $60,000 relating to the impairment of brand names during the year ended 30 June 2021.

c. Any long service leave expense is included in 'Other' expenses.

d. Any other unpaid expenses are recognised in the 'Accrued liabilities' in the Draft Statement of financial position.

Accrued liabilities: includes interest payable of $4,400 as at 30 June 2020 and $5,800 as at 30 June 2021.

Dividends paid: During the year, dividends paid in cash to shareholders of $82,000 and dividends reinvested by shareholders of $60,000.

Income Tax: BB paid $78,000 in tax for the year.

While reviewing the accounting records, the depreciation expense for the year ended 30 June 2021 has been overstated by an amount of $27,000.

2020 $ Current assets Cash at bank Short term cash deposits (30-60 days) Accounts receivable Allowance for doubtful debts Interest receivable Inventories Prepaid Insurance 92,000 80,000 273,000 (41.000) 6,700 543,800 26.000 980,500 2021 $ 132,000 115,000 287.000 (49,000) 9,500 595,000 18.000 1,107,500 Non-current assets Shares in listed companies (at cost) Land Plant and Equipment Accumulated depreciation Brand names 128,000 232.000 1.200.000 (280,000) 240,000 1,520,000 2,500,500 128.000 312.000 1,400.000 (336,000) 180.000 1,684,000 2,791,500 Total assets Current liabilities Accounts payable Accrued liabilities Current tax payable Current portion of long-term borrowings 353,000 171,500 80,000 35,000 639,500 385.000 185.500 80,000 40.000 690,500 Non-current liabilities Borrowings Deferred tax liability Provision for long service leave 201,600 69.400 80,000 351,000 990,500 281.600 89.400 86.000 437,000 1,127,500 Total liabilities Equity Share capital Retained earnings Total equity Total liabilities and equity 1.000.000 604.000 1.000.000 510,000 1,510,000 2,500,500 1,664,000 2,791,500 3,480,000 1,940,000 1,540,000 4,000 16,000 13,000 1,573,000 Sales Cost of sales Gross profit Interest Dividend received Gain on sale of plant Total income Expenses Salaries and wages Depreciation Discount allowed Insurance expense Doubtful debts Interest Other 687,000 100,000 12,000 33,000 21,000 42,000 391,000 1,286,000 287,000 (78,000) 209,000 Profit before tax Income tax expense Profit for the period Other comprehensive income Total comprehensive income 209,000 2020 $ Current assets Cash at bank Short term cash deposits (30-60 days) Accounts receivable Allowance for doubtful debts Interest receivable Inventories Prepaid Insurance 92,000 80,000 273,000 (41.000) 6,700 543,800 26.000 980,500 2021 $ 132,000 115,000 287.000 (49,000) 9,500 595,000 18.000 1,107,500 Non-current assets Shares in listed companies (at cost) Land Plant and Equipment Accumulated depreciation Brand names 128,000 232.000 1.200.000 (280,000) 240,000 1,520,000 2,500,500 128.000 312.000 1,400.000 (336,000) 180.000 1,684,000 2,791,500 Total assets Current liabilities Accounts payable Accrued liabilities Current tax payable Current portion of long-term borrowings 353,000 171,500 80,000 35,000 639,500 385.000 185.500 80,000 40.000 690,500 Non-current liabilities Borrowings Deferred tax liability Provision for long service leave 201,600 69.400 80,000 351,000 990,500 281.600 89.400 86.000 437,000 1,127,500 Total liabilities Equity Share capital Retained earnings Total equity Total liabilities and equity 1.000.000 604.000 1.000.000 510,000 1,510,000 2,500,500 1,664,000 2,791,500 3,480,000 1,940,000 1,540,000 4,000 16,000 13,000 1,573,000 Sales Cost of sales Gross profit Interest Dividend received Gain on sale of plant Total income Expenses Salaries and wages Depreciation Discount allowed Insurance expense Doubtful debts Interest Other 687,000 100,000 12,000 33,000 21,000 42,000 391,000 1,286,000 287,000 (78,000) 209,000 Profit before tax Income tax expense Profit for the period Other comprehensive income Total comprehensive income 209,000