please show workings

The financial statements of Bonds Ltd are presented as follows: Bond Lid Statement of Financial Position as at 31 Dec 2017 5 Changes Increase Decrease Assets Cash 152 000 38000 Recounts receive 000 30 000 Inventory 56000 Prepaid expensed 10 000 15000 50 000 Equipment 135 000 000 Accumulated depreciation equipment (30000) (0000 Total 410 000 200 000 114 increase 40 000 56600 Increase 5000 Decrease 20000 Decrease 130 000 20 000 and 4100 10 000 100 000 150 000 11 000 Decrease 10 000 SO 000 Decrease 140 000 Increase 70 000 increase 2050013 ODO 545 000 000 Liabilities and equity Accounts payable Accrued expense payable Convertible notes payable Share capital Retained earnings Total Bonds Ltd Statement of Profit or Loss for year ended 31 Dec 2017 $ 5 Sales 900 000 Cost of 450 000 Operating Expense 220 000 interest expense 50000 60 000 Pohor 220 000 Income tax expense 50 000 Profit 170 000 000 Additional information: Cash dividends of $10 000 were declared and paid in 2017. Operating expenses include depreciation expense of $40 Interest expense of $15 000 was paid in cash. - Land was sold at its carrying amount for cash in 2017. . During 2017, equipment with a cost of $150 000 was purchased for cash. Equipment with a cost of $40 000 and carrying amount of $35 000 was sold. In 2017, convertible notes of $20 000 were redeemed at their carrying amount for cash; convertible notes of $30 000 were converted into ordinary shares issued at $50 000 in total. Ordinary shares were issues for $120 000 in cash during 2017. Required: Prepare a statement of cash flows using the direct method. Show workings. (25 marks)