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The accountant for Owen Ltd is asked to calculate the total cash flow from financing activities of the financial year ended 30 June 2150. She

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The accountant for Owen Ltd is asked to calculate the total cash flow from financing activities of the financial year ended 30 June 2150. She was provided the following information: 1. Depreciation of PPE is calculated using reducing balance method and the rate of depreciating is 15%. Assume there is no residual value. 2. A PPE purchased on 30 June 2147 has made a gain of $43.5 in disposal. The historical cost was $4,000. 3. Total operating expense as on the income statement is $10,000, including $500 electricity expense, $2,500 wages expense, $2,500 cost of goods sold, $3,000 rent expense, $1,300 depreciation expense, $150 insurance expense and $50 bad debt expense. Interest expense is $50. The company accrued $800 of rent expense and prepaid $20 of insurance expense. Expenses are paid by cash. 4. The opening balance of bank (cash) on the balance sheet is $1,000 Cr. and the ending balance is $5,650 Dr. 5. The company has made $4,000 of cash sale and $9,000 of credit sale. 1/3 of credit buyers have paid for their invoices. Income tax rate is tend to be 15% and tax is fully paid. 6. Interest expense is treated as operating cash outflow. What's the total cash flow from financing activities

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