What cash outflow figure should be included as interest paid within the net cash flow from operating activities for QQ for the year ended 20X2?

CORRECT TEXT

The following information is extracted from QQ’s statement of financial position at 31 March:

Included in other payables is interest payable of $80,000 at 31 March 20X2 and $73,000 at 31 March 20X1.

The following information if included within QQ’s statement of profit or loss for the year ended 31 March 20X2.

Included within finance cost is $124,000 which relates to interest paid on a finance lease.

QQ includes finance lease interest within financing activities on its statement of cash flows.

What cash outflow figure should be included as interest paid within the net cash flow from operating activities for QQ for the year ended 20X2?

Give your answer to the nearest $000.

Answer: $493

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