$148,670 24,500 75,000 Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity $76,340 20,000 25,000 200,000 300,000 358,035 $979,375 300,000 328,035 $876,205 Additional information for 2019: (1.) Sold available-for-sale securities costing $69,500 for $74,000. (2.) Equipment costing $20,000 with a book value of $5,000 was sold for $6,000. (3.) Issued 6% bonds payable at face value, $200,000. (4.) Net income was $50,000. (5.) Assume revenues of $500,000 and COGS of $300,000. Required: Prepare a statement of cash flows for 2019 in good form using the indirect method for cash flows from operating activities (10 points). Prepare the operating activities section using the direct method (5 points). Prepare a concise business memo to me, the President of Murdock Corporation, detailing to me how the following items (shoot for 200 words total): (5 points) A) The performance of the business from a cash flow perspective, and B) Whether or not we need to present two separate cash flow statements. $148,670 24,500 75,000 Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity $76,3401 20,000 25,000 200,000 300,000 358,035 $979,375 300,000 328,035 $876,205 Additional information for 2019: (1.) Sold available-for-sale securities costing $69,500 for $74,000. (2.) Equipment costing $20,000 with a book value of $5,000 was sold for $6,000. (3.) Issued 6% bonds payable at face value, $200,000. (4.) Net income was $50,000. (5.) Assume revenues of $500,000 and COGS of $300,000. Required: Prepare a statement of cash flows for 2019 in good form using the indirect method for cash flows from operating activities (10 points). Prepare the operating activities section using the direct methods Prepare a concise business memo to me, the President of Murdock Corporation, detailing to me how the following items (shoot for 200 words total): (S A) The performance of the business from a cash flow perspective, and B) Whether or not we need to present two separate cash flow statements. only memo.pls 10:40 h