The comparative statements of financial position for the years 2021 and 2022 and a summarised income statement for the year ended 30 June 2022 are shown below (Ignore GST and Tax): BRIGHTON BEACH LTD Comparative Statements of Financial Position as at 30 June Assets Cash Accounts receivable Inventory Prepaid insurance Equipment Accumulated depreciation. equipment Land Motor vehicles Accumulated depreciation - motor vehicles Total assets Liabilities Bank overdraft Accounts payable Long-term mortgage Total liabilities Net assets Equity Share capital Retained earnings Total equity 2021 (S'000) 100 4 290 6 000 300 19 200 (6 000) 20 400 14 550 (5 490) 53 350 400 6 150 14 100 20 650 32 700 26 700 6 000 32 700 2022(S'000) 700 3 150 6 600 360 25 500 (7 500) 24 000 15 600 (6 300) 62 110 160 7950 18 900 27 010 35 100 26 700 8 400 35 100 BRIGHTON BEACH LTD Income Statement for the year ended 30 June 2022 ($'000) Sales (on credit) Less: Cost of goods sold Gross profit Less: expenses (including depreciation) Profit 16 800 5 100 11 700 8 610 3 090 Additional information: Insurance expense for the year ended 30 June 2022 is nil. All other expenses were paid in cash (excluding depreciation). The company declared and paid cash dividend. The bank overdraft was considered to be part of the entity's everyday cash management activities. Required: Prepare a statement of cash flows using the direct method for the year ended 30 June 2022 (show all workings).