Please prepare Statement of Cash flow(Direct Method). Please show how you got the solutions

MaxCorp Income Statement | FYE 12/31/18 $ 890,000 Revenues Cost of Goods Sold Operating Expenses Interest Expense 0 Loss on sale of equipment 1 Income before taxes 2 Income tax expense 3 Net Income (465,000) (221,000) (12,000) 2,000) (700,000) 190,000 (65,000) 125,000 $ 5 Additional Information relating to 2018 activities: 6 Cash dividends of $55,000 were declared and paid 7 Equipment costing $41,000 and having a carrying value of $36,000, was sold for $34,000 cash B Equipment with a cost of $166,000 was purchased for cash Operating expenses include depreciation expense of $33.000 and amortization of prepaid expenses of $2,000 O Land was sold at its book value for cash Interest expense of $12,000 was paid in cash Common stock was issued for cash 5 MaxCorp 5 Direct Method Debits Credits Cash Accounts Receivable Inventory 1 Prepaid Expenses 2 Land 3 Buildings Equipment 12/31/2017 37,000 26,000 0 6,000 70,000 200,000 68,000 407,000 12/31/2018 54,000 68,000 54,000 4,000 45,000 200,000 193,000 618,000 7 Accumulated Deprec., Bldgs Accumulated Deprec., Eqt Accounts Payable Bonds Payable 1 Common Stock (51 par) 2 Retained Eamings 11,000 10,000 40,000 150,000 60,000 136,000 407,000 21,000 28tho 33,000 110,000 220,000 206,000 618,000 Please prepare Statement of Cash Flow