Shown below is an extract from the comparative statements of financial position and statement of profit or loss of Ariana Ltd year ended 30 June 2022 : 1. Land with a cost of $50,000 was sold for cash for $59,000 2. Equipment of $53,000 was purchased during the year. 3. 10,000 shares were issued during the year for $2 each. 4. Cash dividends were paid during the year. 5. A bank loan of $15,000 was repaid during the year. Required: Prepare the statement of cash flows for Ariana Ltd for the year ended 30 June 2022 using the direct method as required by AASB 107 (you are required to show the relevant T-account reconstructions). (15 Marks) Shown below is an extract from the comparative statements of financial position and statement of profit or loss of Ariana Ltd year ended 30 June 2022 : 1. Land with a cost of $50,000 was sold for cash for $59,000 2. Equipment of $53,000 was purchased during the year. 3. 10,000 shares were issued during the year for $2 each. 4. Cash dividends were paid during the year. 5. A bank loan of $15,000 was repaid during the year. Required: Prepare the statement of cash flows for Ariana Ltd for the year ended 30 June 2022 using the direct method as required by AASB 107 (you are required to show the relevant T-account reconstructions). (15 Marks)