Question 4: Cash Flow Statement (7 marks) The Statement of Cash Flows for Sasha Ltd for year ended 30 June 2020 has been provided below: Sasha Ltd Statement of Cash Flows for the year ended 30 June 2020 $ $ 14,500 126,000 (16,500) (51,000) 73,000 Cash flows from operating activities Interest payments Receipts from customers Depreciation expense Payments to employees Net cash provided by operating activities Cash flows from investing activities Payment of dividends to shareholders Proceeds from issue of shares Proceeds from borrowings Acquisition of property, plant and equipment Profit on sale of vehicles Net cash provided in investing activities Cash flows from financing activities Proceeds received from sale of equipment Dividends received Payments to suppliers Income tax paid Net cash provided by financing activities Net increase in cash for the year Cash balance as at the 1 July 2019 Cash balance as at the 30 June 2020 (5,000) 120,000 168,500 150,000 11,600 445,100 42,000 10,000 (35,080) 25,000 41,920 560,020 (6,600) 553,420 Required a) Prepare a correct Cash Flow Statement for the year ended 30 June 2020. (5 marks) b) Analyse the completed cash flow and advise the business on its use of operating, investing and financing cash flows. In your answer you must refer to the phase/stage of operation. (2 marks) Answer a) Sasha Ltd Statement of Cash Flows for the year ended 30 June 2020 $ $ Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities b)