Hartman, Inc. has prepared the following comparative balance sheets for 2015 and 2017: 2017 2016 Cash $ 287,000 $ 153,000 Accounts receivable 149,000 117,000 Inventory 150,000 180.000 Prepaid expenses 18,000 27,000 Plant assets 1,280,000 1,050,000 Accumulated deprociation (450,000) (375.000) Patent 153,000 174,00D $1.587.000 $11,326.000 $ 153,000 60,000 $ 168.000 12,000 - 450,000 Accounts payable Accrued liabililias Mortgage payable Preferred stock Additional paic-in capilabpreferred Common stock Retained earnings 525,000 120.000- 600.000 129 000 S1,587,000 B00.000 66.000 $1.326.000 1. The Accumulated Depreciation account has been credited only for the depreciation expense for the period. 2. The Retained Earnings account has been charged for dividends of $158,000 and credited for the net income for the year. The income statement for 2017 is as follows: Salus $1,980,000 Cost of goods sold 1,089,000 Gross profit 891,000 Operating expenses 670,000 Net income S221.000 Instructions (a) From the information above, prepare a statement of cash flows using the direct method. (b) From the information above, prepare a statement of cash flows using the indirect method