Prepare a statement of cash flows using the indirect method for 2018.(Show amounts that decrease cash flowwith cither a-signes.-15,000 or in parenthesises (15,000 SANDHILL RETAILERS LTD. Statement of Cash Flows-Indirect Method The comparative statement of inancial position for Sandhill Retailers Ltd. follows: SANDHILL RETAILERS LTD Statement of Financial Position December 31 Adjustments to reconcile net income to 2018 27,00011,000 2017 Assets Cash Accounts receivable 56,000 171,000 146,000 162,000 46,000) 26,000) 46,000 Furniture 79,000 Tocal assets $370,000 256,000 Liabilities and Shareholders'Equity Accounts payable Bank loan payable (noncurrent) Common shares Retained earnines Total liabilities and sharcholders oquity $370,000 45,000 30,000 104,000 77,000 63,000 58,000 158.00091.000 256,000 Addi tional intormation: 1 Net income was $ 67.000 in 2018. 2. Depreciation cxpense was $ 20,000 in 2018. 3. Payments made to the bankpertaining to the bank loan were $ 10,000 in 2018. Some new loans were obtained that year 4. Common shares were issued in 2018 and no shares have been bought back by the company. 5. In 2018, no furnture was sold