Jamie Bard is the owner Caf Corner, a popular restaurant located at a busy traffic intersection in the city of Clutchmore.

For the financial year ended 30 June 2020:

• Caf Corner earned a profit after income tax of $16,000. This was after taking into account sales of $821,000 and cost of sales of $623,000.

• Other operating expenses incurred to operate the business totalled $179,000. This figure included:
  1. depreciation expenses, and

2. interest expenses of $11,000 which were fully paid.

• There were some additional plant and equipment purchased for cash. However, there were no disposals of property, plant and equipment.

• The company paid $7,000 to the Tax Office in full settlement of its income tax obligations.

• The company received some interest income amounting to $4,000 when it placed some of its excess cash in an investment fund.

• The shareholders of Caf Corner received dividends of $18,000 from the company.

The following are balances extracted from the Statements of Financial Position of Caf Corner at the end of its most recent two financial years:

	30 June 2020	30 June 2019
	$	$
Accounts payable	12,000	27,000
Accounts receivable	28,000	103,000
Accrued expenses	5,000	11,000
Accumulated depreciation	84,000	65,000
Cash	34,000	23,000
Inventory	72,000	46,000
Plant and equipment	293,000	228,000
Prepaid expenses	4,000	15,000
Share capital	180,000	160,000

Jamie wants to understand the cash flow of Caf Corner better and has asked for your assistance to help him prepare some information regarding the cash flows of the business.

Required:
a)	Calculate the cash receipts from customers, cash payments to suppliers and
	cash payments for other expenses. Show all workings.
b)	Using the direct method, prepare the Statement of Cash Flows for Caf
	Corner for the financial year ended 30 June 2020.
c)	Prepare a reconciliation of Cash Flows from Operating Activities and Profit
	After Tax for Caf Corner.