Accounting · Statement of Cash Flows

Based on the financial information for Woolf Co for the year ended 31 December 20X7: - Profit before taxation: $50,000 - Total depreciation recognized: $2,200,000 - Interest received: $40,000 - Government grants carrying amount: opening balance $1,300,000, closing balance $2,000,000, cash received from new grant in the year $950,000 - The net movement in working capital balances resulted in an outflow of $100,000 What is the cash from operations figure for inclusion in the statement of cash flows for Woolf Co?