The comparative statements of financial position for Marwa Ltd$.$ at December $31,2024$ and $2023,$ are presented below: Comparative Statements of Financial PositionAs at December $3120242023$ Cash$$14,000$ $$60,500$ Accounts receivable $39,00024,000$ Merchandise inventory $14,00021,500$ Prepaid expenses $8,0009,000$ Property, plant, and equipment, net $1,066,000650,000$ Total assets$$1,141,000$ $$765,000$ Accounts payable$$27,500$ $$23,500$ Income tax payable $10,00018,000$ Notes payable, due Nov. $1,202526,50056,500$ Share capital $184,000154,000$ Retained earnings $893,000513,000$ Total liabilities and shareholders equity$$1,141,000$ $$765,000$ The statement of earnings for $2024$ showed the following information: Sales$$2,800,000$Gross profit $1,700,000$Operating expenses $($includes depreciation of $$53,000)800,000$Interest expense $35,000$Income tax expense $180,000$As well, property, plant, and equipment were acquired for $$495,000$ cash during $2024.$ Also during $2024,$ property, plant, and equipment were sold at their carrying amount in exchange for cash. Required:$1.$ Prepare a complete statement of cash flows for Marwa Ltd$.$ for the year $2024.$ Use the indirect method for the operating section. $($Negative answers should be indicated by a minus sign.$)2.$ Compute the following amounts: $3.$ Calculate $($a$)$ the quality of earnings ratio and $($b$)$ free cash flow. $($Round "Quality of earnings ratio" answer to $2$ decimal places.$)$

The comparative statements of financial position for Marwa Ltd$.$ at December $31,2024$ and $2023,$ are presented below:

$\backslash$table$[[\backslash$table$[[$Comparative Statements of Financial Position$],[$As at December $31]]],[,2024,2023],[$Cash$,$$$,14,000,$$$,60,500],[$Accounts receivable,,$39,000,,24,000],[$Merchandise inventory,,$14,000,,21,500],[$Prepaid expenses,,$8,000,,9,000],[$Property$,$ plant, and equipment, net,,$066,000,,650,000],[$Total assets,,,$141,000,$$$,765,000],[$Accounts payable,$\frac{?}{\text{b}\text{a}\text{r}}($$$),27,500,\frac{?}{\text{b}\text{a}\text{r}}(\frac{?}{\text{b}\text{a}\text{r}}($$$)),23,500],[$Income tax payable,,$10,000,,18,000],[$Notes payable, due Nov. $1,2025,,26,500,,56,500],[$Share capital,,$184,000,,154,000],[$Retained earnings,,$893,000,,513,000],[$Total liabilities and shareholders' equity,,$141,000,,765,000]]$

The statement of earnings for $2024$ showed the following information:

$\backslash$table$[[$Sales$,$$$2,800,000$

NOTE: The net earnings for the operating activities section is not $1,500,000.$