XYZLTD$.$

Statement of Financial Position

As at March $31$

$2024$

$2023$

Additional information: During the year, equipment costing $$63,000$ was sold for $$46,100.$

The company made no principal repayments on its loans during the year.

Required:

Prepare the statement of cash flows for XYZ Ltd for the year ended March $31,2024.$ Use the indirect

method for determining cash flows from operating activities.