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Below are the income statement and comparative balance sheet of Doone Corporation for year ending Dec 31, 2019 is given below. All amounts in Canadian dollars. Required: Prepare the cashflow statement, clearly including operating, financing and investing activities up to the net change in cash using the Indirect method as of Dec 31, 2019. Doone Corporation Income Statement For the Year ended Dec 31, 2019 Sales Revenue 950,000 Less: Cost of Goods Sold 520,000 Gross Profit 430,000 Less: Selling, General and Administrative Expenses 81,000 Operating profit 349,000 Less: Depreciation expense 65,000 Earnings before interest and taxes 284,000 Less: Interest expense 44,000 Earnings before taxes 240,000 Less: tax expense (40%) 96,000 Net Income 144,000 Doone Corporation Comparative Balance Sheet Dec 31, 2018 and 2019 2018 2019 Cash 12,000 16,000 Marketable securities 23,000 24,000 Accounts receivables 75,000 85,000 Inventory 76,000 58,000 Investments 57.000 45.000 Total current assets 243,000 228,000 620,000 Property, Plant & Equipment 880,000 Less: Accumulated Depreciation 50,000 Net Prop., Plant & Equipment 830,000 42,000 578,000