Prepare the Statement of Cash Flows for Bike Repairs Ltd in accordance with NZ IAS 7 Statement of Cash Flows, for the year ended 31 March 2023.

Bike Repairs Ltd repairs mountain bikes. Over the last eighteen months the directors have become increasingly concerned about the entity's cash flow situation. Other information: - There were no purchases of bike parts during the current financial year. During the previous financial year the entity had taken advantage of extremely low prices at a liquidation sale of bike parts. - Any interest or dividends paid are to be classified as cash flows from operating activities. - On 30 April 2022, there was $30 repayment on the long-term loan. - Equipment costing $500 was purchased during the year