please help exam3 and no time

The financial statements of M Company appear below:

	2019	2018
Cash	$ 38,000	$ 23,000
Accounts receivable	26,000	34,000
Merchandise inventory	30,000	15,000
Property, plant, and equipment	50,000	78,000
Accumulated depreciation	(20,000)	(24,000)
Total Assets	$124,000	$126,000
Accounts payable	$ 17,000	$ 23,000
Income taxes payable	13,000	8,000
Bonds payable	7,000	33,000
Common stock	41,000	24,000
Retained earnings	46,000	38,000
Total Liabilities & Equity	$124,000	$126,000

	2019
Sales	$400,000
Cost of goods sold	280,000
Gross profit	120,000
Operating expenses	46,000
Income from operations	74,000
Interest expense	4,000
Income before income taxes	70,000
Income tax expense	21,000
Net income	$ 49,000

The following additional data were provided:

• Dividends declared and paid were $41,000.
• During the year, equipment was sold for $15,000 cash. This equipment cost $28,000 originally & had a book value of $15,000 at the time of sale.

Required:

1. Prepare a statement of cash flows for M Company using the direct method.
2. Carry out Cash Flow Analysis (Hint: Sources and Uses of Funds Analysis, Cash Flow Ratio Analysis (at least one Liquidity Ratio and one Coverage Ratio)