Reference no: EM132748712

Question - The information below relates to Academic Book Publishers for the year ended 30 June 2020.

Bank balance 1 July 2019 (overdraft) $22,000

Cash paid to suppliers 192,200

Cash received from customers 294,000

Cash payments for wages and expenses 25,000

Cash received from borrowing 6,600

Income tax paid 20,000

Depreciation of equipment 35,600

Bank balance 30 June 2020 17,900

Cash from interest received 20,500

Cash received from repayment of a loan 55,000

Cash paid to purchase equipment 40,000

Dividends paid 29,000

Interest paid 30,000

REQUIRED - From the above information make a classified cash flow statement for Academic Book Publishers for the year ended 30 June 2020.