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The balance sheet extract of a company appears as follows over two periods: 2017 2022 Stock 875,000 2,250,000 Debtors 2,100,000 4,200,000 Creditors 1,225,000 3,150,000 Accruals
The balance sheet extract of a company appears as follows over two periods:
| 2017 | 2022 |
Stock | 875,000 | 2,250,000 |
Debtors | 2,100,000 | 4,200,000 |
Creditors | 1,225,000 | 3,150,000 |
Accruals | 262,500 | 510,000 |
Long-term loan | --- | 2,500,000 |
Share capital | 1,200,000 | 1,200,000 |
Required:
Calculate the net sources/uses of funds
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