Ochoa Group, had the following condensed statement of financial position at the end of operations for 2018 (¥ in thousands).

During 2019, the following occurred.
1. A tract of land was purchased for ¥11,000.
2. Bonds payable in the amount of ¥20,000 were retired at par.
3. An additional ¥10,000 in ordinary shares were issued at par.
4. Dividends totaling ¥9,375 were paid to shareholders.
5. Net income was ¥30,250 after deducting depreciation of ¥13,500.
6. Land was purchased through the issuance of ¥22,500 in bonds.
7. Ochoa Group sold part of its investment portfolio for ¥12,875. This transaction resulted in a gain of ¥2,000 for the company. The company classifies them as non-trading equity investments.
8. Both current assets (other than cash) and current liabilities remained at the same amount.
Instructions
a. Prepare a statement of cash flows for 2019 using the indirect method.
b. Prepare the condensed statement of financial position for Ochoa Group as it would appear at December 31, 2019.

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Ochoa Group STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2018 ¥ 20,000 Share capital-ordinary Investments ¥ 75,000 40,000 Retained earnings Land 24,500 Plant assets (net) 67,500 Long-term notes payable 25,500 Current assets other than cash 29,000 Bonds payable 25,000 8,500 Current liabilities Cash 15,000 ¥165,000 ¥165,000