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Mia has just joined Fiesta Corporation and is having problem to meet his superior's directive in preparing the statement of cash flows for the company.

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Mia has just joined Fiesta Corporation and is having problem to meet his superior's directive in preparing the statement of cash flows for the company. Using the following information in Table Q1, help Mia to prepare the statement of cash flows for the year ended 31 December 2020: TABLE Q1: Information for Fiesta Corporation; Item RM Sale of plant assets 80,000 Issuance of common stock 100,000 Issuance of long-term note payable 90,000 Collection from customers 350,000 Payment of income tax 15,000 Received cash interest 20,000 Cash dividend received 10,000 Payment to suppliers 320,000 Payment to employees 50,000 Payment of long-term note payable 10,000 Beginning cash balance on 1 January 2020 395,000

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