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direct plc provided the following information from its records for the year ended 30 537898

Direct plc provided the following information from its records for the year ended 30 September 20X9:

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direct plc provided the following information from its records for the year ended 30 537898
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B000

Sales

316,000

Cost of goods sold

110,400

Other expenses

72,000

Rent expense

14,400

Dividends

10,000

Amortisation expense –

PPE

8,000

Advertising expense

4,800

Gain on sale of equipment

2,520

Interest expense

320

20X9

20X8

Accounts receivable

13,200

15,200

Unearned revenue

8,000

9,600

Inventor y

18,400

19,200

Prepaid adver tising

0

400

Accounts payable

11,200

8,800

Rent payable

0

1,200

Interest payable

40

0

Required:

Using the direct method of presentation, prepare the cash flows from the operating activities section of the Statement of cash flows for the year ended 30 September 20X9.

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