Splish Brothers Inc's CFO has just left the office of the company president after a meeting about the draft SFP at April $30,2023,$ and

income statement for the year then ended. $($Both are reproduced below.$)$ "Our liquidity position looks healthy," the president had

remarked. "Look at the current and acid$-$test ratios, and the amount of working capital we have. And between the goodvill write off

and depreciation, we have almost $$23$ million of non$-$cash expenses. I don't understand why you've been complaining about our cash

situation

The CFO turns the draft financial statements over to you, the newest member of the accounting staff, along with extracts from the

notes to the financial statements.Draft Notes to the Financial Statements

For the Year Ended April $30,2023$

Note $1.$ Investments

The company's investments at April $30$ are as follows $($in $$000$ s$)$:

Draft Notes to the Financial Statements

For the Year Ended April $30,2023$

Note $1.$ Investments

The company's investments at April $30$ are as follows $($in $$000$ s$)$:

Note $2.$ Property, Plant, and Equipment

Additions to property, plant, and equipment for the current year amounted to $$2,290,000.$ Proceeds from the disposal of property.

plant, and equipment amounted to $$250,000.$

Note $3.$ Intangible Assets$-$Franchises

Franchise fees are amortized over the term of $20$ years using the straight$-$line method.

Note $4.$ Accounts Payable and Accrued Liabilities $($in $$000$ s$)$

Note $5.$ Long$-$Term Debt $($in $$000$ s$)$

Debentures bear interest at $9\%$ per annum and are due in $2025.$ Bank term loans bear interest at $8\%$ and the bank advanced $$2\mathrm{.}2$

million during the year.

Note $6.$ Share Capital

On September $14,2022,$ Splish Brothers Inc. issued $3\mathrm{.}8$ million shares with special warrants. Net proceeds from issuing the $3\mathrm{.}8$ million

shares amounted to $$14,393,000.$ Net proceeds from issuing the $3\mathrm{.}8$ million warrants amounted to $$899,000.$

ASsume that $5$ plish Brothers Inc. follows IFR$5$ and has adopted the policy of classifying interest paid and dividends received as

operating activities, and dividends paid as financing activities.

$($a$)$

Prepare a statement of cash flows for the year ended April $30,2023,$ on a non$-$comparative basis from the information provided.

The CFO wants to use the direct method to report the company's operating cash flows this year. Include all required disclosures,

$($Show amounts that decrease cash flow with either a negative sign e$.$s$.15,000$ or in parenthesis e$.$g$.(15,000$