QUESTION 1 (26 marks) 800 A comparative balance sheet for Consumer Ltd. is presented as follows: Assets Dec 31/19 Dec 31/18 Liabilities & S/H Equity Dec 31/19 Dec 31/18 Cash $3,500 $ 4,900 Accounts payable $ 8,600 $5,700 Accounts receivable 11,200 8,100 Accrued expenses 500 Inventory 14,000 13,800 Bonds payable (long-term) 16,500 7,700 Equipment 52,000 31,900 Common shares 36,400 25,900 Accum. Depreciation (8,000) (10,000) Retained earnings W 10,700 8,600 Total Assets $72.700 $48.700 Total Liabilities & S/H Equity $72,700 $48.700 Income Statement for the year 2019: Revenues: Sales Expenses and other. Cost of goods sold $96.200 Other expenses 19,500 Depreciation expense 1,800 Loss on sale of old equipment 3,500 $133,300 121.000 Net Income $12.3.00 During 2019, the company sold some of their old equipment. $30,000 of new equipment items were acquired by issuing common shares $8,000, and the balance paid with cash. Consumer Ltd. also issued bonds at par and pai dividends during the year. 1 - Final E....pdf Required: Prepare a Cash Flow Statement for the year 2019 in good format