Comparative balance sheets for GK Company are presented below: GK Company Comparative Balance Sheets December 31 $ Assets Cash Accounts Receivable Inventories Land Equipment Accumulated Depreciation 2019 $ 63,000 85,000 180,000 75,000 260,000 (66,000) 2018 22,000 76,000 189,000 100,000 200,000 (42,000) Totals $ 597,000 $ 545,000 $ Liabilities & Stockholders' Equity Accounts Payable Bonds Payable Common Stock ($1 par) Retained Earnings $ 34,000 150,000 214,000 199,000 47,000 200,000 164,000 134,000 Totals $ 597,000 $ 545,000 Additional Information: 1. 2. 3. 4. Net income for 2019 was $125,000 Bonds payable amounting to $50,000 were redeemed for cash $50,000 Common stock was issued for $50,000 Sales for the year were $978,000 Instructions: A. Prepare a statement of cash flows for 2019 using the indirect method