OneT Pty Ltd
Statement of financial position
	2019	2018
Assets
Cash	$148,000	$58,600
Accounts receivable	$137,200	$50,500
Inventory	$169,750	$155,275
Prepaid expenses	$28,600	$25,000
Land	$163,000	$142,000
Plant	$406,000	$364,750
Accumulated depreciation	-$75,500	-$78,500
Total Assets	$977,050	$717,625
Liabilities and Equity
Accounts payable	$139,000	$101,950
Accrued expenses payable	$26,050	$26,500
Interest payable	$10,000	$9,000
Dividend payable	$21,000	$11,000
Debentures payable	$118,500	$142,000
Share capital	$331,000	$278,500
Retained earnings	$352,000	$159,175
Total Liabilities and Equity	$997,550	$728,125
Statement of profit or loss
Sales		$514,000
Cost of sales	$174,190
Operating expenses (Dep. Expense included)	$89,365
Interest expense	$4,345
Loss on sale of plant	$12,250
income tax expense	$11,500	$291,650
Profit after tax		$222,350

Notes:

• Depreciation expense recognised in year 2019 is $69,750.
• Original cost of plant sold in year 2019 is $86,250.
• New plant was purchased for cash.
• Accounts payable pertains to inventory creditors.

Required: (please label your responses as 1.,2.,3.)

(workings are needed).

1. Calculate net cash provided from operating activities by using the direct method. (7/14)
2. Calculate cash flows related to the plant. (4/14)
3. Calculate cash paid for the dividends. (3/14)