Q2) GIVEN THE FOLLOWING INFORMATION MAKE CASH FLOW STATEMENT OF YEAR 2020 FOR COMPANY XYZ USING INDIRECT METHOD (20 MARKS) CASH ACCOUNTS RECEIVABLE INVENTORY PREPAID EXPENCES LONG TERM INVESTEMENTS LAND BUILDUNG AND EQUIPMENT ACCUMULATED DEPRECIATION 2020 $37,500 512,500 375,000 25,000 62,500 700,000 2,312,500 -1,000,000 2019 $62,500 575,000 400,000 18750 31,250 375,000 2,337,500 -925,000 $3,025,000 $2,875,000 ACCOUNTS PAYABLE ACCRUED LAIBILITIES (CURRENT LIABILITIES) $375,000 50,000 $150,000 62,500 BONDS PAYABLE LONG TERM NNIOTE PAYABLE COMMON STOCK $2 PAR VALUE PAID IN CAPITAL IN EXCESS OF PAR VALUE RETAINED EARNINGS 625,000 0 250,000 887,500 837,500 1,000,000 0 200,000 687,500 775,000 $3,025,000 $2,875,000 ADDITIONAL INFORMATION ABOUT 2020 NET INCOME 110,000