Given the following information for the Memon Corporation:a.) Prepare a statement of cash flows for 2019. b.) Give a brief analysis of the result found. Memon Corporation Balance Sheet for December 31, 2018 and 2019 (in dollars) 2018 2019 Cash Account receivable Inventories Other current assets Total current assets Building and equipment Less: accumulated depresiation Total net fixed assets Total assets 89,000 64,000 112,000 10,000 275,000 238,000 (40,000) 198,000 473,000 100,000 70,000 100,000 10,000 280,000 311,000 (66,000) 245,000 525,000 Accounts payable Accrued liabilities Total current liabilities Long-term debt Preferred stock Common stock Retained earnings Total debt and equity 85,000 90,000 68,000 63,000 153,000 153,000 70,000 0 0 120,000 205,000 205,000 45,000 47,000 473,000 525,000 Memon Corporation Income Statement for year ending December 31, 2019 2019 Sales 184,000 Cost of goods sold 60,000 Gross profit 124,000 Operating expenses Selling, general, and administrative expenses 44,000 Depreciation 26,000 Total operating expenses 70,000 Earnings before interest and taxes 54,000 Interest expense 4,000 Earnings before taxes 50,000 Income taxes 26,000 Net Income 24,000 Incama Statamant for SLG Ing. ls (Estados Unidos)