Prepare statement of cash flows for the year 2019, using the indirect method using the statement of cash flows provided:

PART 2 - STATEMENT OF CASH FLOWS 1 6 points The following information is available for the SA GALAXY: SA GALAXY Balance Sheet as of December 31, 2019, in e 2019 2018 ASSETS Property, Plant, Equipment (PPE) 320 000 725 000 PRE - accumulated depreciation (270 DDD) (210 000) Inventories 42 585 39 932 Trade receivables 98 741 102 045 Cash 10 745 7 631 Total Assets E 702 071 E 665 508 EQUITY Share Capital 300 000 300 000 Retained Earnings 87 760 50 680 Total Equity E 387 760 E 350 680 LIABILITIES Financial Debt 215 045 232 278 Income Taxes payable 7 450 10 400 Trade payables 90 916 72 150 Total Liabilities E 314 311 E 314 828 Total Equity & Liabilities E 702 071 E 665 508 SA GALAXY Income Statement, for year ended 2019, in E Sales 1 802 000 Cost of sales (1 174 300) Other operating expenses (345 084) Interest expense (1 895) Other gains or losses (147 882) Income before taxes 131 939 Income taxes expense 44 859 Net income E 87 080 Additional information: (1) Dividends of 50 ke were declared and paid during the year 2010. (2) Old equipment was sold for 10 ke in 2019. its acquisition cost had been 30 ke and its net book value at the date of disposal was 8,2 ke. (3) A new bank loan of 50 ke has been made. (4) New equipment was purchased for 125 ke, partly with the new bank loan, the rest in cash.|Prepare a statement of cash flows for the year 2019, using the indirect method : Statement of cash flows year ended December 31, 2019 (in () Cash Flow from Operations (1) Cash Flow from Investing (II) Cash Flow from Financing (III) Net change in cash (1 + II + Ill) Cash balance, January 1, 2019 Cash balance, December 31, 2019