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Steel Co had the following amounts in its statement of financial position at 30 June 20X1 and 30 June 20X2:
Profit before tax was $14,700 for the year ended 30 June 20X2 and the depreciation charge for the year was $6,860. What was the net cash inflow from operations for the year ended 31 December 20X2? The net cash inflow from operations for the year was: $________ |