Cato's Pasta has the following financial statements: Cato's Pasta Balance Sheets As of December 31, 2019, and 2020 2020 2019 Assets Cash $280,908 $267.580 Accounts receivable 120,890 118,290 Inventory 74,936 85,994 Prepaid expenses 194.131 179,812 Plant and equipment 79,826 57,659 Accumulated depreciation (16,733) (13,733) Total assets $733,958 $695.602 Liabilities and Equity Accounts payable. $208.222 $211,341 Accrued wages 32.986 29,207 Long-term notes payable 172.960 191,414 Common stock 67,010 67,010 Retained earnings 252,780 196,630 Total liabilities and equity $ 733,958 $695,602 Cato's Pasta Income Statement For the Year Ended December 31, 2020 Sales $ 458,000 Less: Cost of goods sold (178,620) Gross margin 279,380 Less operating expenses: Wages and salaries expense $183,200 Advertising expense 18,320 Misc. operating expenses Depreciation expense Net income (los) 13,740 3,000 (218.260) 61.120 5 At the end of 2020, Cato purchased additional equipment for $22,167. Cato paid cdents of 54.970 during the yeat. se banda de Prepare a statement of cash flows for 2020 using the direct method Assume that advertising is paid in cash. (Show amounts in the lovesting and financing sections that deerndse cash flow with the signes -15.000 or in parenthesseg (15/0001 Cate's Pasta Statement of Cash Flows-Direct Method acer e Textbook and Media Prepare the operating activities section of the statement of cash flows for 2020 using the Indirect method. Note that there is no difference between the two methods for the investing and financing sections. (Enter amounts that decrease cash flow elther with a negative sign preceding the number, eg. 15,000 or parenthesis eg. (15,0001) Cato's Pasta Partial Statement of Cash Flows-Indirect Method Operating activities