The comparative statement of financial position and income statement for BINAR Company presented below. BINAR Co. Comparative Statement of Financial Position 2019 2020 Assets 50000 50000 land 232,000 240,000 Equipment (109.000) (118,000) Accumulated Depreciation 9,000 10,000 Prepaid rent 46,000 52,000 Merchandise Inventory 114,000 130,000 Accounts Receivables 40,000 49,000 Cash Equity and Liabilities 220,000 233,000 Share Capital-Ordinary 7.000 30,000 Retained Earnings 130,000 120,000 Ntoess Payable 9,000 5,000 Accrued Expense Payable 5.000 7.000 Income Tax Payable 11,000 18,000 Accounts Payable 362,000 393,000 Total Solar System Co Income Statement For the year ended December 31,2020 1,339,000 Net Sales 908.000 Cost of Goods Sold 431,000 Gross Profit Less: 346,000 Operating Expense 24,000 Depreciation Expense 14,000 Interest Expense 3,000 Gain on Equipment Sold 50,000 Income before tax 12.000 Income Tax 38,000 Net Income $15.000 Dividends declared and paid Additional Information: 1. Equipment with a cost of $24,000 and accumulated depreciation $15,000 was sold for $12,000, and additional equipment was purchased for cash. 2. Notes s redeemed for cash. 3. Additional ordinary shares issued for cash. Instructions: Prepare a statement of cash flow using Indirect Method