Please refer to the following information for Jun Jun Inc.:

STATEMENT OF FINANCIAL POSITION
	2019	2020
ASSETS
Cash & Equivalents	$16,000	$13,190
Accounts Receivable	$1,069,000	$1,105,000
Inventory	$305,000	$399,000
Other Current Assets	$242,000	$324,500
Total Current Assets	$1,632,000	$1,841,690
Net Fixed Assets	$2,545,000	$3,139,000
Total Assets	$4,177,000	$4,980,690
	2019	2020
LIABILITIES & EQUITY
LIABILITIES
Accounts Payable	$350,000	$323,000
Notes Payable	$97,000	$238,000
Other Current Liabilities	$1,108,000	$1,249,000
Total Current Liabilities	$1,555,000	$1,810,000
LT Debt	$881,000	$1,400,000
Total Liabilities	$2,436,000	$3,210,000
EQUITY
Retained Earnings	$10,000	$76,051
Common Shares	$1,731,000	$1,694,639
Total Equity	$1,741,000	$1,770,690
Total Liabilities & Equity	$4,177,000	$4,980,690

INCOME STATEMENT
	2020
Revenues	$4,385,000
COGS	$1,800,000
Gross Profit	$2,585,000
Operating Expenses	$1,440,000
Depreciation	$412,000
EBIT	$733,000
Interest Expense	$102,000
Taxable Income	$631,000
Taxes	$345,000
Net Income	$286,000

REQUIRED

Create the cash flow statement based on this information under the indirect method. Note that net fixed assets is the gross value of fixed assets less depreciation (i.e., the carrying value of net fixed assets). Make sure that your cash flow statement reconciles with the cash at the end of 2020. You can create the answer in excel and then paste your answers in the box provided.