Please provide necessary calculations

Part B Cash Flow Statement 11 Marks Ignore GST for this question The following information relates to Brake Lights Ltd, a company selling bike lights and cycling accessories around New Zealand. NZS 1 2 NZS 420,400 4,000 424.400 Brake Lights Ltd Statement of Comprehensive Income for the year ended 30 June 2013 Notes Revenue Plus: Other Income Total Income Less: Expenses Cost of Goods Sold Bad Debts Interest Expense Wages Expense General Expenses Loss on Sale of Shop Fittings Total Expenses Profit before Tax Taxation Expense Profit for the year 130,000 1,000 8,300 30,500 80,275 1,500 251,575 172.825 48,391 124,434 Notes (extract) to the Statement of Comprehensive Income: Note 2013 NZS 1 Revenue Sales 420,400 2 Other Income Discount Received Commission Received 1,000 3,000 2013 NZ$ Brake Lights Ltd Statement of Financial Position (Balance Sheet) as at 30 June 2013 Notes 2012 NZ$ Assets Current Assets Bank 24,500 Accounts Receivable 1 42,625 Inventory 134,600 Prepayments (General Expenses) 1,100 Non-Current Assets Shares in Green Supplies Ltd 32,000 Property, Plant and Equipment 2 409,500 TOTAL ASSETS 644,325 43,860 48,900 164,250 800 32,000 442,500 732,310 Liabilities Current Liabilities Accounts Payable Taxation Payable Accrued Expenses (Interest) Non-Current Liabilities Loan TOTAL LIABILITIES NET ASSETS 9,240 1,200 450 7,350 1,500 650 140,000 150,890 493,435 160,000 169,500 562,810 Equity Contributed Equity Retained Earnings Land Revaluation Surplus 140,000 328,435 25,000 493,435 120,000 372,810 70,000 562,810 Notes (extract) to the Statement of Financial Position (Balance Sheet): Note 2012 NZS 2013 NZS Note 1 Accounts Receivable Accounts Receivable Less Allowance for Doubtful Debts 43,600 975 42,625 50,250 1,350 48,900 2 Property, Plant and Equipment Shop Fittings Shop Fittings (cost) Less Accumulated Depreciation Carrying Amount Land Land (cost) 120,000 40,500 79,500 130,000 62,500 67,500 330,000 409,500 375,000 442,500 Additional Information: Shop Fittings costing $12.000 with a carrying amount of $6,000 was sold for cash. 10,000 shares were repurchased during the year for a fair value of $3.00 per share. The original issue price was $2.00 per share. There was no share issue during the year. Final Dividends were paid for the previous year as well as interim dividends for this year. Required: Prepare the Statement of Cash Flows for Brake Lights Ltd for the year ended 30 June 2013. $ Brake Lights Ltd Cash Flow Statement for the year ended 30 June 2013 $ Cash Flows from Operating Activities Cash was provided from: Cash was applied to: Net Cash Flow from Operating Activities Cash Flows from Investing Activities Cash was provided from: Cash was applied to: Net Cash Flow from Investing Activities Cash Flows from Financing Activities Cash was provided from: Cash was applied to: Net Cash Flow from Financing Activities Net Change in Cash held Bank Balance, 1 July 2012 Bank Balance, 30 June 2013 (11 Marks)