Triple X Ltd has provided an extract from the balance sheets showing the following for the

years ended 30 June 2021 and 30 June 2022 were:

Table 10 Extract balance sheet

	30/6/2021	30/6/2022
	$	$
Accounts receivable	85,000	98,000
Allowance for doubtful debts	(5,000)	(7,000)
Bank	64,000	61,000
Inventory	40,000	33,000
Prepayments	3,000	3,500
Land & Buildings (net)	1,200,000	1,560,000
Plant & Equipment (net)	67,000	86,000
Goodwill on acquisition (net)	20,000	5,000
	1,474,000	1,839,500
Accounts payable	47,000	65,000
Accruals	800	1,200
Taxation payable	19,000	21,000
Provision for employee annual leave	12,000	9,000
Dividends payable	30,000	32,000
Share capital	950,000	1050,000
Retained Earnings	410,200	480,000
General Reserve	5,000	5,000
	1,474,000	1,839,500

Additional Information:

• net profit after taxation is $402,000. This profit was determined after accounting for the following income and expense items:

Table 11 Profit and loss

Details	$000
Depreciation	18,000
Gain on sale of equipment	4,000
Good will impairment	15,000

Determine the net cash from operating activities for the year ended 30 June 2022 by completing the reconciliation with net profit after tax.

XXX Pty Ltd
Reconciliation of net operating profit to cash flow from operating activities
		$
Net operating profit
Add/less: Non cash items
Changes in current assets and current liabilities
Net cash flow from operating activities