Please show the calculation

ADAMANT INC. Statement of Financial Position As at December 31, 2019 2019 2018 $ 10,000 $ 48,000 $ 40,000 $ 156,000 $ (48,000) $ 206,000 Assets Cash $ 26,500 Account receivable $ 76,000 Merchandise inventory $ 54,000 Property, plant, and equipment $ 160,000 less: Accumulated depreciation $ (60,000) TOTAL ASSETS $ 256,500 Liabilities and Shareholders' Equity Account payable $ 34,000 Salaries payable $ 3,800 Income tax payable $ 2,000 Dividend Payable $ 500 Bank loan payable $ 68,200 Common shares $ 36,000 Retained earnings $ 112,000 Total liabilities and shareholders' equity $ 256,500 $ 30,000 $ 4,200 $ 8,000 $ $ 79,300 $ 28,000 $ 56,500 $ 206,000 $ 512,000 $ 280,000 $ 232,000 ADAMANT INC. Income Statement For the Year Ended December 31, 2019 Sales Cost of goods sold Gross profit Operating expenses Depreciation Administrative expenses Salary Expenses Profit from operations Other Revenues and expenses Loss on sale of Equipment Profit before interest and income tax Interest expense Profit before income tax Income tax expense Profit $ 19,000 $ 22,500 $ 100,000 $ 90,500 $ 5,000 $ 85,500 $ 8,000 $ 77,500 $ 12,000 $ 65,500 Additional information: Equipment costing $28,000 was purchased for cash. A stock dividend on common shares for $8,000 was declared and distributed to shareholders. Prepare a complete statement of cash flows using the indirect method to prepare the cash from operating activities