The following information is available for Omage Limited. The balance in the bank account of the business at 1^st July 2017 was 60,000

During the 12 months that followed the following transactions took place;

2,000 of interest income was received on cash balances.

Part of the loan was repaid; 18,000.

A plot of land was purchased on credit from summer Ltd and will be paid for in January 2019.

16,000 of dividends was paid to shareholders

10,000 was paid for various administrative expenses.

8,000 was paid to the tax authorities to settle last year's tax liability.

The inventory was sold for 34,000.

New shares were issued by the company which raised an additional 20,000.

Inventory was bought for 4,000

A loan of 26,000 was taken out from a lender.

Interest expense of 2,000 was paid on the loan.

A motor vehicle was purchased for 12,000

i need to prepare a statement of cash flows for Omage Limited for the year ended 30 June 2018, including the reconciliation between opening and closing bank balances.