Mauden Co started trading on 1 January 2017 with taking out a four-year 10% loan of 21,000 (the principal repayable in equal instalments on 30 December each year), and a share issue of 20,000 1 ordinary shares at a premium of 75 cents per share. The company purchased non-current assets, which cost 31,000, for which 21,000 was paid immediately and a promissory note of 10,000 payable in 2019 was signed. The following information is available about Mauden Co's transactions in its first year of trading 2017 and its financial position as at 31 December 2017:

1. Purchases from suppliers were made for 19,500 during the year .
2. Trade payables as at 31 December 2017 were 2,550.
3. Salary expense for the year was 10,500.
4. Salaries and wages payable were 750 at the year-end.
5. Interest accrued on the loan for 2017 was fully paid in the year. In addition, 25% of the principal was repaid by the end of the year.
6. Sales revenue was 29,400, including 900 trade receivables at the year-end.
7. Interest on cash deposits at the bank amounted to 75.

Use the following pro-forma to complete Mauden Cos statement of cash flows by writing the appropriate amounts in the answer boxes. One amount (for interest received) has already been given. NB! Show negative amounts, i.e amounts indicating cash outflow in brackets, e.g. (100). Write the numbers only, do not write the euro symbol:

Mauden Co

Statement of Cash Flows for the Year to 31 December 2017

Cash flows from operating activities
Cash received from customers
Cash paid to suppliers
Cash paid to employees
Interest paid
Interest received	75
Net cash flows from operating activities
Investing activities
Acquisition of non-current assets
Financing activities
Proceeds from a share issue
Proceeds from a loan
Repayment of a loan
Net cash flows from financing activities
Net increase in cash
Cash balance at 1 January 2017	---
Cash balance at 31 December 2017