Required for the year ending 30 June 20:

Part A: Compute and show the cash flows from operating activities using indirect method

Part B: Compute and show the cash flows from investing activities

Part C: Compute and show the cash flows from financing activities

Part D: Compute and show the net change in cash

Alliance Company Income Statement For the year ending 30-Jun-20 Sales revenue $700,000 Cost of sales $600,000 Gross profits $100,000 Operating expenses: Salary expense $50,000 Depreciation expense $15,000 Rent expense $3,000 $2,000 Loss on sale of equipment Profit before income taxes $30,000 Income tax expense $9,000 Profit after income taxes $21,000 Alliance Company Balance sheet Balance sheet at 30-Jun-20 30-Jun-19 Assets Current assets Cash and cash equivalents $1,000 $5,000 Accounts receivable $20,000 $14,000 Inventory $17,000 $20,000 Non-current assets Equipment, net $176,000 $125,000 Total assets $214,000 $164,000 Liabilities and shareholders' equity Current liabilities Accounts payable Accrued liabilities $20,000 $35,000 $8,000 $6,000 $3,000 $4,000 Income tax payable Noncurrent liabilities Debentures $81,000 $50,000 Shareholders' equity Share capital $82,000 $50,000 Retained earnings $20,000 $19,000 Total liabilities and shareholders' equity $214,000 $164,000 Following transactions took place for the year ending 30 June 20 $140,000 $18,000 $13,000 $44,000 Cash purchase of equipment Cash payment of dividends Issue of ordinary shares to repay debentures issue of debentures to borrow cash Cash payment of debentures Cash issue of ordinary shares Cash receipt from sale of equipment Additional Information: Carrying amount of sale of equipment $5,000 $19,000 $74,000 $76,000