In the additional information section number 6 says that all sales were on a credit basis? Does This mean that we can disregard this while making a statement of cash flow?

also if you can please prepare a statement of cash flow for the year ended 31 March 2020

Hi Five Ltd Statement of Comprehensive Income for the year ended 31 March 2020 2020 ($) 95,000 62,000 33,000 2019 ($) 82,000 47,000 35,000 6,200 8,000 2,400 0 Sales Less: Cost of Goods Sold Gross profit Other Income Interest Received Profit on Sale of Plant Less: Expenses Operating expenses Salaries Depreciation Bad debts Interest expenses Total operating expenses Net profit before tax Less: Income tax expense Net profit after tax Other Comprehensive Income Gain on revaluation of Land Total Comprehensive Income 11,350 9,800 10,980 2,500 4,000 38,630 8,5701 2,800 5,770 8,975 7,500 9,650 2,000 2,600 30,725 6,675 1,980 4,695 6,500 12,270 3,600 8,295 Hi Five Ltd Statement of Financial Position as at 31 March 2020 2020 ($) 2019 ($) Current assets Cash in the bank 76,500 Accounts receivables 15,270 36,200 Inventory 86,000 98,000 Prepaid Insurance expenses 2,100 1,800 Total current assets 179,870 136,000 Non-current assets Land Plant and equipment Less: Accumulated depreciation Long term Investments Total Non-current Assets Total assets 29,500 156,000 (28000) 7,700 165,200 345,070 23,000 132,000 (20000) 3,280 138,280 274,280 Current liabilities Bank Overdraft Accounts Payable Income tax payable Accrued Salaries Total current liabilities 60,000 8,000 2,000 70,000 29,000 53,800 6,200 3,000 92,000 Non-current liabilities Borrowings Total non-current liabilities Total liabilities 58,800 58,800 128,800 23,280 23,280 115,280 Net assets 216,270 159,000 Shareholders' equity Contributed Equity Land Revaluation Reserve Retained earnings Total shareholders' equity 174,000 14,500 27,770 216,270 127,000 8,000 24,000 159,000 Additional information: 1. The company undertook a share issue during the year for cash. No other transactions related to shares during the year. 2. An interim dividend of $2,000 was declared and paid in December 2019. 3. The land was revalued upwards by $6,500 as of 31 March 2020 and revaluation increment has been credited to Land Revaluation Reserve account. No land purchases and disposals during the year. 4. Plants with a carrying value of $24,020 were sold for cash during the year. No disposal of Long term investments during the year. 5. 6. All Sales and Purchases were on a credit basis. 7. Interest Income was received as earned. 8. Operating expenses except insurance expenses were paid as incurred. The insurance expense for the year was $2,900. Interest expenses were also paid as incurred. However, Salaries and income tax expenses were accrued. 9. Loan repayment during the year was $35,000