D$.$ Prepare a statement of cash flow on both direct and indirect method

$20232022$ Change

Assets:

Cash $200,000120,00080,000$

Accounts receivable, net $87,00065,00022,000$

Inventory $65,00050,00015,000$

Prepaid expenses $22,00020,0002,000$

Property, plant & equipment $700,000500,000200,000$

Accumulated depreciation $-100,000-60,000-40,000$

Total Assets $974,000695,000$

Liabilities & Equity

Accounts payable $47,00025,00022,000$

Accrued liabilities $36,00020,00016,000$

Taxes payable $15,0005,00010,000$

Long$-$term Notes Payable $110,00050,00060,000$

Common stock $100,000100,0000$

Additional paid in capital $260,000260,0000$

Paid in capital$-$ stock options $25,000025,000$

Retained earnings $381,000235,000146,000$

Total liabilities and equity $974,000695,000$

Sales $1,200,000$

Cost of goods sold $650,000$

Gross profit $550,000$

Operating expenses $180,000$

Pre$-$tax income $370,000$

Income taxes $74,000$

Net income $296,000$

a$.$ Stock option expense of $$25,000$ was recognized in $2023$

b$.$ Equipment of $$200,000$ was purchased using $$60,000$ note payable and cash