Hayavage Inc. began operations on January 1, 2018. Its post closing trial balance at December 31, 2018 and 2019, is shown below along with some other information. Hayavage Inc Post Closing Trial Balance December 31 Account 2019 2018 Cash 7,580 3,500 Receivables 8,000 6,200 Merchandise Inventory 6,680 9,680 Prepaid Expenses 540 520 Property, Plant, Equipment 13,000 12,000 Accumulated Depreciation 2,800 1,000 Accounts Payable 2,600 3,200 Accrued Liabilities 700 1,600 Income Taxes Payable 240 360 Bonds Payable 4,000 7,000 Common Shares 23,000 18,000 Retained Earnings 2,460 740 Hayavage Inc Income Statement For year Ended December 31, 2019 Sales $65,500 COGS 39,900 Expenses Other Expenses 6,700 Depreciation Expense 5,860 Total Expenses Income from Operations $13,040 Gain on sale of equipment 200 Income before taxes 13,240 Income taxes 4,564 Net Income $8,676 1. The only changes affecting retained earnings during 2019 are net income and cash dividends paid 2. New equipment was acquired during 2019 for $5,860. 3. The gain on sale of equipment costing $4,860 during 2019 is $200. Using the information provided, prepare a statement of cash flows (applying the indirect method) for the year ended December 31, 2019.