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:
Party Achieving
The act of completing or fulfilling a task or goal, typically used in the context of an individual or group's success.
Neutral
An impartial or unbiased stance, without taking sides in a contest, dispute, or conflict.
Dysfunctional Conflict
Is destructive and hurts task performance.
Task Performance
Involves the execution and completion of specific duties or the achievement of goals within an assigned role or job.
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