Reference no: EM132567001

Question - The information below relates to ABC Health for the year ended 30th June 2018.

Bank balance 1 July 2017 (overdraft) $22,000

Cash paid to suppliers 192,200

Cash from customers 294,000

Payments for wages and expenses 25,000

Cash from borrowing 6,600

Income tax paid 20,000

Depreciation of equipment 35,600

Bank balance 30th June 2018 17,900

Cash from interest received 20,500

Cash received from repayment of a loan 55,000

Cash paid to purchase equipment 40,000

Credit Sales 60,000

Interest paid 30,000

REQUIRED - From the above information, make a classified cash flow statement (classified into operating, investing and Financial activities) for ABC for the year ended 30th June 2018.