Given the following information for Budget Incorporated prepare their statement of cash flows for December 31, 2020 using the indirect method. Also, Explain the process of preparing Indirect Cashflow and specify the differences between Indirect and Direct Cashflow methods.

	2019*	2018*
Cash	394.00	250
Accounts receivable	88	90
Interest receivable	12	15
Inventory	90	95
Prepaid Expenses	42	52
Non-current - Note
receivable	90	125
Property, plant and
Equipment (Net of depreciation)	325	330
Accounts payable	20	40
Accrued liabilities	45	56
Common Shares	825	755
Retained Earnings	105	60
Net income	80
Depreciation expense	2
Gain on sale of property	1.5
	* in 000s