Q2: Selected financial statement information and additional data for Ali Com is presented below: Ali Com. Statement of Financial Position Dec. 31. 2018 Dec.31.2017 Property, Plant, and Equipment $1,241,000 $1,122,000 Less: Accumulated Depreciation (476.000) (442.000) 765.000 680,000 Current Assets Inventory 391,000 340,000 Accounts Receivable 238,000 306,000 Cash 153,000 119.000 Total Current Assets 782.000 765.000 Total Assets $1547.000 $1445.000 Equity Share Capital-Ordinary $ 510,000 $ 468,000 Retained Earnings 374.000 340,000 Total Equity 884.000 808.000 Non-Current Liabilities: Bonds Payable 340,000 391,000 Current Liabilities: Accounts Payable 187,000 102,000 Notes Payable 51,000 68,000 Income Taxes Payable 85.000 76.000 Total Current Liabilities 323.000 246.000 Total Liabilities 663.000 637.000 Total Liabilities & Equity S1547.000 $1445.000 Additional Information: During the year, Baghdad sold equipment with an original cost of $306,000 and accumulated deprecia $238,000 and purchased new equipment for $544,000. Net Income $ 170,000 Instructions Prepare a statement of cash flows for the year ending December 31, 2018 Q2: Selected financial statement information and additional data for Ali Com is presented below: Ali Com. Statement of Financial Position Dec. 31. 2018 Dec.31.2017 Property, Plant, and Equipment $1,241,000 $1,122,000 Less: Accumulated Depreciation (476.000) (442.000) 765.000 680,000 Current Assets Inventory 391,000 340,000 Accounts Receivable 238,000 306,000 Cash 153,000 119.000 Total Current Assets 782.000 765.000 Total Assets $1547.000 $1445.000 Equity Share Capital-Ordinary $ 510,000 $ 468,000 Retained Earnings 374.000 340,000 Total Equity 884.000 808.000 Non-Current Liabilities: Bonds Payable 340,000 391,000 Current Liabilities: Accounts Payable 187,000 102,000 Notes Payable 51,000 68,000 Income Taxes Payable 85.000 76.000 Total Current Liabilities 323.000 246.000 Total Liabilities 663.000 637.000 Total Liabilities & Equity S1547.000 $1445.000 Additional Information: During the year, Baghdad sold equipment with an original cost of $306,000 and accumulated deprecia $238,000 and purchased new equipment for $544,000. Net Income $ 170,000 Instructions Prepare a statement of cash flows for the year ending December 31, 2018