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Statements of Financial Position of Company S -as at 30 June 2019 ($) 2018 ($) Asset Cash at bank 22000 0 Accounts receivable 22000 18000

Statements of Financial Position of Company S -as at 30 June

2019 ($)

2018 ($)

Asset

Cash at bank

22000

0

Accounts receivable

22000

18000

Inventory

88000

56000

Equipment

56000

46000

Accumulated depreciation equipment

-24000

-16000

Land

35000

50000

Buildings

75000

75000

Accumulated depreciation buildings

-15000

-10000

Total assets

259000

219000

Liabilities

Accounts payable

45000

39000

Equity

Share capital

204000

174000

Retained earnings

10000

6000

Total liabilities and equity

259000

219000

Statements of Profit & Loss - as at 30 June

Income

($)

Sales revenue

112500

Less: Expenses:

Cost of sales:

Beginning inventory

56000

Add: Purchases

92000

Less: Ending inventory

88000

60000

Depreciation equipment

8000

Depreciation buildings

5000

Interest expense

3500

Other expenses

14000

90500

Profit for the year

22000

1. What is the Net cash from operating activities?

2. What is the Net cash from investing activities?

3. What is the Net cash from financing activities?

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