Statement of Cash Flows $($Direct Method$)$

Wolff Company's income statement and comparative balance sheets follow.

WOLFF COMPANY

Balance Sheet

DeC. $31,2019$ DeC. $31,2018$

Accounts payable relate to merchandise purchases.

Required

a$.$ Compute the change in cash that occurred during $2019.$

Note: Do not use a negative sign with your answer.

$1$

b$.$ Prepare a $2019$ statement of cash flows using the direct method.

Note: Use a negative sign to indicate a cash outflow.