Preparation of a statement of cash flows Adopted from Loftus et.al (2018) A summarised comparative statement of financial position of Denim Ltd is presented below, together with the statement of profit or loss and other comprehensive income for the year ended 30 June 2019. Additional information - There were no disposals of investments or plant during the year. - A dividend of $23000 was paid during the year. Required 1. Using the direct method of presenting cash flows from operating activities, prepare a statement of cash flows in accordance with AASB 107/IAS 7 for the year ended 30 June 2019. 2. Using the indirect method, prepare a note disclosure to reconcile the net cash flows from operating activities for the year ended 30 June 2019