E23.11 (102) (SCF-Indirect Method Condensed financial data of Fairchild SA for 2019 and 2018 are presented below Fairchild SA COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS ON DECEMBER 31, 2019 AND 2018 2019 2018 Debt investments (heid-for-collection) 1,300 1,470 Plant assets 1,900 1700 Accumulated depreciation (1.200) (1,170) Inventory 1,600 1,900 Accounts receivable 1.750 1,300 Cash 1.100 1.100 E7 150 66,300 Share capital ordinary 1,900 1.700 Retained eamings 2.450 1.900 Bonds payable 1,400 1,650 Accounts payable 1,200 800 Accrued liabilities 200 250 7,150 6,300 Fairchild SA INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2019 Sales revenue 6,900 Cost of goods sold 4,700 Gross margin 2,200 Selling and administrative expense 930 Income from operations 1,270 Other income and expense Gain on sale of investments 80 Income before tax 1,350 Income tax expense 540 Net income 810 Additional information: During the year, 70 of ordinary shares were issued in exchange for plant assets. No plant assets were sold in 2019. Cash dividends were 260. Instructions Prepare a statement of cash flows using the indirect method