corporate finance

Prepare Cash flow statement using Indirect Method Balance sheet as on 31 December 2019 Accounts receivable 15000 2020 (in s) 2019(in S] M 0000 Liabilities and equity Accounts payable Accrued liability E Common shares Retained earnings Total liabilities and equity Income statement Cost of goods sold 0000 Depreciation 10000 expense 140,000 30,000 Loss on sale of 5000 equipment Net income Additional Information 1. Equipment costing 20,000, depreciation 12000 was sold for $3000 2. Purchased equipment costing 22000 by paying 12000 cash and remaining as accounts payable 3. Paid cash dividend of 21000