The following are balances extracted from the Statements of Financial Position of Bland Ltd:

	30-Jun-22	30-Jun-21
	$	$
Accounts receivable	56,000	120,000
Inventory	190,000	76,000
Prepaid advertising expense	14,000	10,000
Plant and equipment	360,000	280,000
Accumulated depreciation P&E	142,000	74,000
Accounts payable	28,000	84,000
Accrued expenses	34,000	58,000
Bank loan	100,000	80,000

Additional information:

• Credit sales were $992,000 and the gross profit earned on this amount was $236,000.
• Advertising expense was $10,000.
• Depreciation expense for the period was $68,000.
• Other operating expenses (excluding depreciation and income tax) for the period were $44,000.
• The company paid income tax of $32,000.
• The company used cash to acquire additional plant and equipment. There were no disposals.
• $60,000 of the bank loan from the previous financial year was paid, and a second bank loan was obtained.
• The companys share capital as at 30 June 2022 was $120,000, whereas it was $96,000 as at 30 June 2021.
• The company paid dividends of $48,000 to the shareholders.
• Cash balance as at 30 June 2021 was $42,000 and at 30 June 2022 the cash balance was an overdraft (negative balance) of $26,000.

Required

a. Prepare a cash flow statement for the year ending 30 June 2022 for Bland Ltd (show all workings). (16 marks)