The following have been prepared for YouBox Ltd (reporting period ending 30 June 2021) Statement of Financial Position 2021 2020 Assets $ $ Cash at bank 35 000 21 000 Bank bills 5 000 4 300 Deposits at call 3 200 2 500 Accounts receivable 24 650 18 900 Allowance for doubtful debts (1 250) (950) Inventory 47 100 48 300 Prepaid expenses 5 400 2 100 Interest receivable 800 900 Land 82 000 68 900 Buildings 150 000 120 000 Accumulated depreciation buildings (52 200) (47 250) Equipment 90 000 77 400 Accumulated depreciation equipment (28 950) (34 800) Deferred tax asset 8 000 6 100 368 750 287 400 Liabilities Accounts payable 49 260 46 980 Accrued expenses 6 890 4 170 Interest payable 2 000 1 500 Final dividend payable 17 400 16 000 Current tax liability 8 200 7 500 Bank loan 119 500 85 000 Equity Share capital 145 000 90 000 Retained earnings 20 500 36 250 368 750 287 400 Statement of Profit or Loss Income $ $ Sales 704 300 Cost of sales (466 000) Gross profit 238 300 Interest revenue 5 780 Discount received 1 050 6 830 Expenses Bad debts expense 1 400 Loss on sale of equipment 800 Depreciation equipment 5 250 Depreciation buildings 4 950 Discount allowed 475 Interest expense 9 200 Other expenses 209 475 (231 550) Profit before income tax 13 580 Income tax expense (7 200) Profit after tax 6 380 Additional information A small block of land was acquired Shares were issued for $5,000 to partly pay for the purchase, with the balance paid in cash Equipment was sold for cash This equipment had a carrying amount of $10,000 and accumulated depreciation of $11,100 Additions to buildings were partly funded by a bank loan of $10,000, with the remainder paid in cash Repayments on bank loans for the year were $20,000 The company also borrowed on new loans An interim dividend was paid in cash YouBox Ltd uses the direct method when presenting cash generated from operations Required Prepare a statement of cash flows in accordance with AASB 107 for the year ended 30 June 2021 (Show all working out for inflows and outflows, as well as how you calculated cash and cash equivalents)

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The following have been prepared for YouBox Ltd (reporting period ending 30 June 2021): Statement of Financial Position 2021 2020 Assets $ $ Cash at

The following have been prepared for YouBox Ltd (reporting period ending 30 June 2021):

Statement of Financial Position	2021	2020
Assets	$	$
Cash at bank	35 000	21 000
Bank bills	5 000	4 300
Deposits at call	3 200	2 500
Accounts receivable	24 650	18 900
Allowance for doubtful debts	(1 250)	(950)
Inventory	47 100	48 300
Prepaid expenses	5 400	2 100
Interest receivable	800	900
Land	82 000	68 900
Buildings	150 000	120 000
Accumulated depreciation buildings	(52 200)	(47 250)
Equipment	90 000	77 400
Accumulated depreciation equipment	(28 950)	(34 800)
Deferred tax asset	8 000	6 100
	368 750	287 400
Liabilities
Accounts payable	49 260	46 980
Accrued expenses	6 890	4 170
Interest payable	2 000	1 500
Final dividend payable	17 400	16 000
Current tax liability	8 200	7 500
Bank loan	119 500	85 000
Equity
Share capital	145 000	90 000
Retained earnings	20 500	36 250
	368 750	287 400

Statement of Profit or Loss

Income	$	$
Sales		704 300
Cost of sales		(466 000)
Gross profit		238 300
Interest revenue	5 780
Discount received	1 050	6 830
Expenses
Bad debts expense	1 400
Loss on sale of equipment	800
Depreciation equipment	5 250
Depreciation - buildings	4 950
Discount allowed	475
Interest expense	9 200
Other expenses	209 475	(231 550)
Profit before income tax		13 580
Income tax expense		(7 200)
Profit after tax		6 380

Additional information:

A small block of land was acquired. Shares were issued for $5,000 to partly pay for the purchase, with the balance paid in cash.

Equipment was sold for cash. This equipment had a carrying amount of $10,000 and accumulated depreciation of $11,100.

Additions to buildings were partly funded by a bank loan of $10,000, with the remainder paid in cash.

Repayments on bank loans for the year were $20,000. The company also borrowed on new loans.

An interim dividend was paid in cash.

YouBox Ltd uses the direct method when presenting cash generated from operations.

Required:

Prepare a statement of cash flows in accordance with AASB 107 for the year ended 30 June 2021. (Show all working out for inflows and outflows, as well as how you calculated cash and cash equivalents).