Question 2 (15 marks) The balances of selected accounts of Grey Ltd at 30 June 2020 and 30 June 2021 are: 2021 2020 $000 $000 Sales (all on credit) 750 1,050 Cost of goods sold 390 330 Doubtful debts expense 75 90 Interest expense 60 90 Salaries 90 75 Depreciation 25 45 Gain on sale of plant 10 20 Cash 5 155 Inventory 540 480 Accounts receivable 800 750 Allowance for doubtful debts 80 105 Land 450 450 Plant 300 270 Accumulated depreciation 65 90 Accounts payable 600 570 Accrued salaries 66 54 Long-term loan 258 330 Share capital 400 400 Additional information: (a) Dividends of $50 000 were paid during the year ending 30 June 2021. (b) Plant with a carrying amount of $30 000 (original cost $80 000 and accumulated depreciation $50 000) was sold during the year and new plant was acquired. Required: Prepare the Statement of Cash Flows and all supporting notes for the year ending 30 June 2021 on the following page.