Part (b) (6 marks) The following shows Quentin's Quilts Ltd Statement of Cash Flows for the year ending 30 June 2020. Quentin's Quilts Ltd Statement of Cash Flows For the year ended 30 June 2020 Cash flows from operating activities: 2020 2019 Receipts from customers 5,539,566 5,714,600 Payments to suppliers and employees (5,262,582) (5,453,402) 276,984 261,198 Interest paid (19,630) (18,194) Tax paid (27,196) (24,602) Net cash flows from by operating activities 230,158 218,402 Cash flows from investing activities: Payments for property, plant and equipment (71,294) (85,980) Payments for intangible assets (34,040) (96,626) Interest Received 17,054 9,732 Net cash flows from by investing activities (88,280) (172,874) Cash flows from financing activities: Proceeds (Repayment) of Borrowings (130,564) 10,000 Dividends paid (33,124) Net cash flows from financing activities (130,564) (23,124) Net change in cash and equivalents held during the year 11,314 22,404 Cash and equivalents at the beginning of the year 83,586 61,182 Cash and equivalents at the end of the year 94,900 83,586 Required (i) What is the purpose of a statement of cash flows? (2 marks) (ii) Review each section of the statement of cash flows above. (3 marks) (iii) Review the overall cash position of the company and then justify why you would, or would not, consider investing in this company. (1 mark)