Please answer as soon as possible thank you

BULA LIMITED INCOME STATEMENT FOR THE YEAR ENDED 30 JUNE, 2021 $ Sales Revenue 465 800 181,000 Cost of Goods Sold Gross Profit 284,000 Less: Operating Expenses Wages 120,000 Insurance 14,000 Interest 12,000 Depreciation 18,000 Loss on sale of equipment 4,000 32,800 200,800 Other Expenses Net operating profit before tax 83,200 Income tax expense 24,200 Net operating profit after tax 59,000 BULA LIMITED COMPARATIVE BALANCE SHEETS AS AT 30 JUNE 2020 & 2021 2021 2020 S $ CURRENT ASSETS Cash 25,000 10,000 Accounts Receivable 90,000 70,000 Inventory 62,000 45,000 Prepaid Insurance 8,000 5,000 Total current assets 185,000 160,000 NON-CURRENT ASSETS Land 400,000 200,000 Equipment (at cost) 280,000 150,000 Less: Accumulated depreciation 58,000 45,000 Total non-current assets 622.000 305,000 Total non-current assets 622,000 305,000 TOTAL ASSETS 807,000 465,000 CURRENT LIABILITIES Trade Creditors 60,000 40,000 Wages Payable 4,000 7,000 Taxes Payable 6,000 5,000 Interest Payable 11,000 10,000 Total current liabilities 81.000 62,000 NON-CURRENT LIABILITIES Loans Payable 250,000 200,000 Total current liabilities 81,000 62,000 NON-CURRENT UABILITIES Loans Payable 250,000 200,000 TOTAL LIABILITIES 331,000 262,000 NET ASSETS 476,000 203,000 SHAREHOLDER'S EQUITY Issued Capital 367,000 163,000 Asset Revaluation Reserve 50,000 Retained Profits 59,000 40,000 TOTAL SHAREHOLDER'S EQUITY 476,000 203.000 ADDITIONAL INFORMATION: 1 UL. IV All sales and purchases are on credit Other Expenses was all paid for cash during the year Loans payable of $80,000 was paid back during the year. The Land was revalued upwards by $50,000 Equipment that cost $35,000 was sold during the year for $22,000 cash. Assume cash purchases on all non-current assets. There was a dividend payment during the year V2 REQUIRED (Show all workings] ANSWER (a) & (b) in EXCEL TEMPLATE provided IL IV a Calculate the following i Cash receipts from accounts receivable. ii Cash paid to trade creditors, Cash paid for insurance. Cash paid for wages Cash paid for interest Cash paid for taxes Cash paid for land Cash paid for equipment Cash received from loan. Cash paid for dividends V (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 mark) (2 mark) VI vii. IX X b. Using the direct method, show the 'Cash flows from operating activities' section only [3 marks)