Extract from the statement of financial position as at 30 June 2021 30 June 2021 30 June 2020 R R Inventories 302 000 292 000 Trade receivables 690 000 720 000 Trade payables 400 000 385 000 Taxation payable 75 000 60 000 Prepaid expenses 8 000 2 000 Accrued expenses 84 000 88 000 Required: Prepare only the “Cash generated by operations" section of the statement of cash flows for the year ended 30 June 2021, using the indirect method

Please complete the statement of cashflows as required below:   A comparative balance sheet and an income statement for Burgess Company are given below:   Burgess CompanyComparative Balance Sheet(dollars in millions)   Ending Balance Beginning Balance Assets     Current assets:     Cash and cash equivalents $ 44 $ 91 Accounts receivable 690 633 Inventory 675 630 Total current assets 1,409 1,354 Property, plant, and equipment 1,555 1,529 Less accumulated depreciation 800 666 Net property,plant, and equipment 755 863 Total assets $ 2,164 $ 2,217 Liabilities and Stockholders' Equity     Current liabilities:     Accounts payable $ 270 $ 165 Accrued liabilities 185 165 Income taxes payable 87 77 Total current liabilities 542 407 Bonds payable 440 650 Total liabilities 982 1,057 Stockholders' equity:     Common stock 170 170 Retained earnings 1,012 990 Total stockholders' equity 1,182 1,160 Total liabilities and stockholders' equity $…

Required information Exercise 12-12 (Algo) Indirect: Preparing statement of cash flows LO P2, P3, A1 [The following information applies to the questions displayed below.) The following financial statements and additional information are reported. IKIBAN INCORPORATED Comparative Balance Sheets At June 30 Assets Cash Accounts receivable, net Prepaid expenses Inventory Total current assets Equipment Accumulated depreciation-Equipment Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (long term) Total liabilities Equity Common stock, $5 par value Retained earnings Total liabilities and equity 2021 2020 $ 95,500 95,000 $ 64,000 83,800 71,000 116,500 6,400 9,400 280,700 260,900 144,000 (37,000) $ 387,700 $ 45,000 8,000 135,000 (19,000) $ 376,900 $ 60,000 19,000 7,800 5,400 58,400 86,800 50,000 80,000 108,400 166,800 260,000 180,000 19,300 30,100 $ 387,700 $ 376,900 Sales IKIBAN INCORPORATED Income Statement For…

Calculate cash balances based on the information provided in the chart below and show me how you did it Pro Forma Cash Flow Cash Received               Cash from Operations       Cash Sales $24,198 $100,099 $122,460 Cash from Receivables $46,108 $217,218 $342,905 Subtotal Cash from Operations $70,306 $317,317 $465,366         Additional Cash Received       Sales Tax, VAT, HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $40,000 $0 Sales of Other Current Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 New Investment Received $0 $0 $0 Subtotal Cash Received $70,306 $357,317 $465,366         Expenditures Year 1 Year 2 Year 3         Expenditures from Operations       Cash Spending $167,000 $225,200 $229,200 Bill Payments $75,294 $124,114 $152,785 Subtotal Spent on Operations $242,294 $349,314 $381,985         Additional Cash Spent       Sales Tax,…