The following information is produced on an accrual basis and relates to Emily's Superior Photo Framers.
Statement of comprehensive income for the year ended 31 December 2018 
Additional Information:
• Emily withdrew $25,000 through the year for her own use.
• No photo framing equipment was sold during the year.
REQUIRED:
a)Prepare a classified statement of cash flows for the year ended 31 December 2018 from the above information. Show all workings.
b)Prepare a statement reconciling profit with cash flow from operating activities.
c)Comment on what the statement of cash flows reveals about the cash situation of Emily's Superior Photo Framers.
Definitions:
Sinus Rhythm
The normal heartbeat rhythm generated by the sinoatrial node, characterized by a consistent rate and rhythm.
Ventricular Tachycardia
A fast heart rhythm that originates from the ventricles, potentially leading to serious heart conditions.
Atrial Fibrillation
A cardiac arrhythmia characterized by rapid, irregular beating of the atria, leading to decreased blood flow and risk of stroke.
Dyspnea
The sensation of breathlessness or difficulty in breathing, often experienced as a symptom of a health condition.
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