Post Utme Rhema University 2018 Accounting Question 11

A public sector organization has the following transactions for the year ended December 31, 2022: Cash received from customers: ₦1,500,000 Cash paid to suppliers: ₦800,000 Cash received from government grant: ₦200,000 Cash paid to employees: ₦600,000 Cash paid for rent: ₦150,000 Cash paid for utilities: ₦50,000 Cash paid for insurance: ₦100,000 Cash paid for maintenance: ₦75,000 Cash paid for repairs: ₦25,000 Cash paid for travel: ₦50,000 Cash paid for training: ₦25,000 Cash paid for entertainment: ₦10,000 Cash paid for miscellaneous: ₦5,000 What is the total cash outflow for the year?