Question 6 (25 marks) Given the following information for Cat Castle Incorporated prepare their cash flows for December 31, 2017 using the indirect methodAlso, Explaint preparing Indirect Cashflow and specify the differences with respect to ASP standards between Indirect and Direct Cashflow methods. 2017 2016 Cash375250 Accounts receivable8575 Interest receivable56 Inventory8095 Prepaid Expenses4810 Non-current - Note receivable90125 Property, plant and Equipment325330 (net of depreciation) Accounts payable3320 Accrued liabilities4556 Common Shares825755 Retained Earnings10560 Net income50 Depreciation expense? Gain on sale of property1.5 in 000s I Cat Castle Inc. Statement of Cash Flows For Year Ended December 31, 2017 Cash Flow fronu Operating Activities: 50 Net income Add: depreciation expenses We