10958 Costa SA uses the direct method to prepare its statement of cash flows. Costa's balance sheet and income statement on December 31, 2019. 2018, are as follows Rayan SA COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS OF DECEMBER 31, 2019 AND 2018 Items 2019 2010 Change Long term investments 1,300 1.470 (1208 Plant assets 1.900 1,700 200 Accumulated depreciation (1.2001) (1,170) po Inventory 1.600 1.900 13001 Accounts receivable 1.750 1.300 450 Cash 1 800 1.100 709 57.150 Total $6,300 850 1.000 1.700 200 Share capital ordinary Retained earnings 2.450 1.900 1.400 1650 1250 Bonds payable 800 1.200 400 Accounts payable 1500 200 250 Accrued liabilities 850 $7,150 Total 550 56.300 Rayan SA 250 1502 $6,300 850 200 Total $7,150 Rayan SA INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2019 Sales revenue Cost of goods sold Gross margin Selling and administrative expense Income from operations Other income and expense Gain on sale of investment Income before tax Income tax expense Net income $6900 4.700 2,200 930 1.270 1.350 510 $810 Additional information: No plant assets were sold in 2019. Cash dividends were 260, Instructions Use the direct method to preparceither cash flows fromoperating activities or cash flows from investing and financing activities