Exercise 1: (40 points) The company shows the following balances for certain current assets and current liabilities accounts at January 1, 2021 and December 31, 2021. Account Jan 1 Dec 31 Inventory 2,500 Accounts receivable 6,500 1,200 2,000 Accounts payable 6,000 85,000 Salaries payable 2,800 7,000 Taxes payable 23,000 36,000 During the year, the company obtained a net income of $1,673,000 This net income includes the gain of $1,000 obtained in the sale of a plant asset. This asset was sold for a total price of $148,000, Besides this, the company had recorded during year 2021 a depreciation expense of $128,000. Also, during the year 2021 the company paid dividends for $90,000 to its stockholders and issued 10% preferred stocks for a total amount of $90,000. The preferred stocks dividends have been paid on December 31, 2021. During year 2021, the company granted a loan to a parent company for $300,000. On January 1st, 2021, the balance of the cash account was $109,000 1.- Prepare a statement of cash flow separating cash flows from operating, investing and financing activities (30 points) 2.- Calculate the balance of the cash account at December 31. (10 points)