he comparative statements of financial position for Marwa Ltd$.$ at December $31,2024$ and $2023,$ are presented below:

Comparative Statements of Financial Position

As at December $31$

$20242023$

Cash $ $13,000$ $ $59,500$

Accounts receivable $38,00023,000$

Merchandise inventory $13,00020,500$

Prepaid expenses $7,0008,000$

Property, plant, and equipment, net $1,065,000649,000$

Total assets $ $1,136,000$ $ $760,000$

Accounts payable $ $26,500$ $ $22,500$

Income tax payable $9,00017,000$

Notes payable, due Nov. $1,202525,50055,500$

Share capital $183,000153,000$

Retained earnings $892,000512,000$

Total liabilities and shareholders$$ equity $ $1,136,000$ $ $760,000$

The statement of earnings for $2024$ showed the following information:

Sales $ $2,600,000$

Gross profit $1,600,000$

Operating expenses $($includes depreciation of $$51,000)750,000$

Interest expense $30,000$

Income tax expense $175,000$

As well, property, plant, and equipment were acquired for $$490,000$ cash during $2024.$ Also during $2024,$ property, plant, and equipment were sold at their carrying amount in exchange for cash.

Required:

$1.$ Prepare a complete statement of cash flows for Marwa Ltd$.$ for the year $2024.$ Use the indirect method for the operating section. $($Negative answers should be indicated by a minus sign.$)$