The information below relates to ABC Company for the year ended 30 June 2020.

Sales revenue 352,000 Accrued wages 15,000 Bank balance 1 July 2019 ($22,000) Cash paid to suppliers 192,200 Cash receipts from customers 294,000 Payments to employees and for expenses 25,000 Bank loan received 6,600 Property taxes paid 20,000 Depreciation of equipment 45,600 Interest received 20,500 Cash received from sale of share market investments 55,000 Cash paid to purchase computer hardware 40,000 Issued shares in exchange for block of land 100,000 Dividends paid 29,000 Interest paid 30,000 Net profit after tax 76,000

Required: a) Prepare ABC Statement of Cash Flows for the year ended 30 June 2020.

b) What is the most important section in ABC's Statement of Cash Flow? Explain.