C$.$ Prepare a statement of cash flow on both the direct and indirect method.

C. Prepare a statement of cash flow on both the direct and indirect method Assets: Cash Accounts receivable, net Inventory Property, plant & equipment Accumulated depreciation Total Assets Liabilities & Equity Accounts payable Accrued liabilities Common stock Retained earnings Total liabilities and equity Sales Cost of goods sold Gross profit Operating expenses Pre-tax income Income taxes Net income 2023 185,000 87,000 74,000 750,000 -110,000 986,000 54,000 51,000 460,000 421,000 986,000 1,450,000 775,000 x 675,000 225,000 450,000 90,000 x 360,000 x 2022 Change 70,000 65,000 60,000 600,000 -60,000 735,000 40,000 40,000 460,000 195,000 735,000 115,000 x 22,000 x 14,000 x 150,000 -50,000 251,000 14,000 x 11,000 ox 226,000 251,000