The information below relates to ZX Corp for the year ended 30 June 2020.

Require:

Prepare ZXs Statement of Cash Flows for the year ended 30 June 2020.

What does ZXs Statement of Cash Flows reveal about the business? Please explain.

Sales revenue Accrued wages Bank balance 1 July 2019 Cash paid to suppliers Cash receipts from customers Payments to employees and for expenses Bank loan received Sales taxes paid Depreciation of vehicles Interest received Cash received from sale of art investments Cash paid to purchase delivery van Issued shares in exchange for block of land Dividends paid Interest paid Net profit after tax 462,000 17,250 ($22,000) 192,200 294,000 25,000 6,600 20,000 75,650 20,500 55,000 40,000 100,000 29,000 30,000 275,000