Comparative partial balance sheet Income statement Details 2019 2020 Sales 250,000 cash 48,000 54,000 Deduct: cost of goods sold (100,000) Account Receivable 68,000 60,000 Gross Profit 150,000 Inventory 112,000 110,000 Deduct: Administrative and selling expenses (including 15,000 dinars depreciation of equipment) (68,000) Prepaid Expenses 8,000 10,000 Long-term Investment 60,000 62,000 Income from operations 82,000 equipment 127,000 181,000 Gains from equipment sales are added 7,000 loan bonds 30,000 27,000 Deduct: Interest Expense (9,000) Account Payable 87,000 75,000 net income before tax 80,000 checks 8,000 12,000 Subtract: income tax (20%) (16,000) Income tax payable 9,000 8,000 net income 64000 additional information: 1- Accounts receivable relate to sales, creditors accounts relate to the cost of goods sold, prepaid expenses relate to administrative and selling expenses, and the total depreciation of property and equipment is (15,000) dinars. 2- The Manama Company had sold equipment costing (17,500) dinars and its depreciation complex (12,000) dinars for (12,500) dinars, and interest banks for this year at 5% for a long-term loan amounting to (180,000) dinars. Required: First: Use your specialized skills to apply accounting principles. Help the management of Al-Manama Trading Company in preparing the statement of cash flows according to the direct method, explaining to it how to extract the amounts. Second: The direct method for preparing the statement of cash flows differs from the indirect method. Required: Using your critical skill in solving problems related to measurement, recognition, and disclosure of elements of financial statements. Compare only the differences between the methods of preparing the statement of cash flows. Third: The cash flow statement provides businessmen with the opportunity to assess the profitability of the company. Required: Using your critical skill in showing insight and interpretation in solving problems, evaluate the profitability of Al-Manama Trading Company and its ability to meet its obligations to investors and creditors according to what is reflected in the company's cash flow statement and compare it with the industry standard of profitability, which is (98%).