JATIN CORPORATION Comparative Statements of Financial Position December 31, 2021 Cash... Accounts receivable (net) Inventory Land Building Accumulated depreciation. Equipment Accumulated depreciation 2021 43,000 31,000 118,000 120,000 200,000 (50,000) 1,030,000 (118.000) $1,374,000 2020 $ 24,000 38,000 82,000 190,000 200,000 (40,000) 600,000 (94.000) $1.000.000 Accounts payable... $ 115,000 $ 100,000 4% Bonds payable 320,000 Common shares. 750,000 750,000 Retained earnings. 189.000 150.000 $1.374.000 $1,000,000 Additional information: 1. The piece of land was sold for $80,000 2. Old equipment was sold for $70,000. This equipment had a cost of $150,000 and accumulated depreciation of $60,000 to date of sale. To replace this new equipment was purchased 3. During the year, cash dividends were paid ($45,000) Required: a) Using the indirect method, please prepare a statement of cash flows for 2021 in proper format (16 marks) b) Based on the cash flow analysis, how would you say the Company is performing overall? (Hint Use tools from your group projects financial statement analysis to analyze the cash flow statement)