The following comparative statements of financial position and statement of financial performance are

for the business of EFG Pty Ltd$.$

EFG PTY LTD

Statement of financial performance

for year ended $30$ June $2023$

Additional information

All sales and purchases of inventory are on credit.

Income tax is paid in one instalment during the year.

A dividend had been paid to shareholders.

Additional plant had been acquired for a cash outlay.

Required

Prepare a statement of cash flows from operating activities only for EFG Pty Ltd for the year

ending $30$ June $2023,$ using the direct method. Statement of Cash Flows

for the year ended $30$ June $2023$

Cash flows from operating activities:

Cash receipts from customers

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$

Cash paid to suppliers

$

Cash paid for insurance

$

Cash paid for other expenses

$

Income taxes paid