The company made a net profit after tax of $150,000 for the period ending 30 June 2019. The company sold a building for $200,000 cash and made a gain on sale of $20,000. The company also bought a new building during the period. Depreciation expense for buildings for the period was $100,000. The company followed cost method for valuing their buildings. Balances of asset and liability accounts are listed below:

	30 June 2019 $	30 June 2018 $
Cash	155,000	125,000
Accounts Receivable	120,000	160,000
Inventories	125,000	150,000
Prepaid Insurance	105,000	55,000
Buildings	500,000	700,000
Accumulated depreciation (buildings)	(225,000)	(250,000)
Accounts Payable	120,000	170,000
Interest Payable	150,000	110,000
Short term loan	112,000	250,000

In your answers, include numbers only. No text, no commas, no signs or symbols etc.

1. What is the net cash flow from operations for the period ending 30 June 2019? (1 mark)

   $ Answer

2. What is the value of the new building purchased this period? (1 mark)

   $ Answer