Required Prepare cash flow from Operating activities section of Cashflow Statement for the year 2020.

Zain JO - 8:14 PM 7 89% 3. AA A mdl.arabou.edu.kw Question 4 Below is the income statement for Aaramco Company for the year 2020. Income Statement for the year 2020 S Total amount (S) Sales revenue 283.200 Cost of goods sold Bocanning inventory 243,200 Purchase 563.200 Ending uventor 204.500 Cost of goods sold (601.600) Gross profit 281.600 Operating expenses Selling expenses 49,600 Depreciation expense 8,000 Administration expense 89.600 Total expense (147.200) Net income 134.400 Details of current assets and current liabilities (in $) for two different years are given below Information 2020 2019 Account Receivable 96,000 169.600 Prepaid expense 169,600 80.000 Account payable 152,000 149.600 Accrued expense 297.600 230.400 Required Prepare cash flow from Operating activities section of Cashflow Statement for the year 2020. (25 marks) m