P17.9A (LO 2, 3) AP Condensed financial data follow for E-Perform Ltd. E-Perform reports under ASPE. Prepare cash flow statements-indirect method and direct method. E-PERFORM LTD. Assets Cash Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Total assets Liabilities and Shareholders' Equity Balance Sheet December 31 2021 2020 $ 97,800 75,800 $ 48,400 43,000 122,500 92,850 38,400 26,000 128,000 114,000 270,000 242,500 (50,000) (52,000) 3682.500 $514,750 Accounts payable $ 93,000 $ 77,300 Accrued expenses payable 11.500 7,000 Notes payable 110,000 150,000 Common shares. 234,000 175,000 Retained earnings 234,000 105,450 Total liabilities and shareholders' equity $682,500 $514,750