Question 2 (10 marks) The accounting records of JasonJohnson Company provided the data below for years ending 30 June 2022 and 30 June 2021: Sales (all on credit) for the year Cost of goods sold for the year Discount provided to customers for early payment Bad debts expense for the year Depreciation expense Net profit Accounts receivable Less: Allowance for doubtful debts Inventory Accounts payable 2022 $ 950,000 380,000 3,500 2,500 55,000 509,000 30 June 2022 $ 160,000 4,500 155,500 88,360 55,500 2021 $ 30 June 2021 $ 140,000 4,200 135,800 62,200 47,700 Required: a) Based on the information given, prepare the section of cash flows statement for "net cash flows from operating activities" for the year ended 30 June 2022 for JasonJohnson company. Show your calculations for each item included in the section of the statement. (5 marks) ANSWER a): b) Prepare a reconciliation of net profit to net cash flows from operating activities. (5 marks)