The comparative statement of financial position for Carla Vista Retailers Ltd. follows: CARLA VISTA RETAILERS LTD. Statement of Financial Position December 31 Assets Cash Accounts receivable Inventory 2018 2017 $ 24,000 $ 11,000 50,000 42,000 167,000 141,000 Furniture Accumulated depreciation Total assets Liabilities and Shareholders' Equity Accounts payable Bank loan payable (noncurrent) Common shares Retained earnings 166,000 84,000 (51,000) (28,000) $356,000 $250,000 $ 46,000 $ 36,000 111,000 81,000 60,000 55,000 139,000 78,000 Total liabilities and shareholders' equity $356,000 $250,000 Additional information: 1. Net income was $61,000 in 2018. 2. Depreciation expense was $23,000 in 2018. 3. Payments made to the bank pertaining to the bank loan were $10,000 in 2018. Some new loans were obtained that year. 4. Common shares were issued in 2018 and no shares have been bought back by the company. 5. (a) In 2018, no furniture was sold. Prepare a statement of cash flows using the indirect method for 2018. (Show amounts that decrease cash flow with either a sign.e.g. -15,000 ora CARLA VISTA RETAILERS LTD. Statement of Cash Flows-Indirect Method