The financial statements for Linked Ltd. Are shown below:

During the year the company purchased a capital asset valued at $30,000; payment was made by issuing common shares. Additional capital assets were acquired for cash. Changes in other accounts were typical transactions.

Required:

Explain the companys cash transactions for the year, based on the SCF.

A5-6 Statement of Cash Flows: The financial statements for Linked Ltd. are shown below. $1,821,300 37,500 793,200 105,000 116,100 Statement of Comprehensive Income For the year ended 31 December 20X5 Sales revenue Investment revenue Operating expenses, including cost of goods sold Depreciation expense Goodwill impairment Administrative expenses Interest expense Gain on sale of investment Income tax expense Net earnings and comprehensive income Statement of Financial Position As of 31 December 621,000 45,300 6,000 73,800 $ 110,400 20x5 20X4 Assets Cash $ 82,500 $ 90,000 307,500 210,000 Accounts receivable Merchandise inventory Prepaid insurance Investments 630,000 19,200 120,000 Land 694,200 7,800 75,000 270,000 1,434,000 173,700 $3,044,700 270,000 930,000 Capital assets, net of accumulated depreciation Goodwill, net of impairment 289,800 $2,559,000 Liabilities and Equity Accounts payable Rent payable Income tax payable $ 637,200 22,500 49,200 $ 567,000 15,000 48,000 1.110,000 Bonds payable Pension obligation 50,100 900,000 30,000 810,000 Common shares 972,000 Retained earnings 189,000 203,700 $3,044,700 $2,559,000