The income statement and comparative balance sheet of Beta Corporation is given below: Beta Corporation Income Statement For the Year Ended December 31, 2019 Sales Revenue $3,450 Cost of Goods Sold 2,350 Gross Profit $1,100 465 Selling and Administrative Expenses $635 Subtotal Other revenues and gains 40 Gain on sale of Investment $675 Income before tax 270 Income tax expense $405 Net Income Beta Corporation Comparative Balance Sheet As on December 31, 2019 and 2018 2019 2018 Assets Cash and Cash equivalents $900 $575 Accounts receivable 875 650 Inventory 800 950 Plant assets (Property, plant and equipment) 950 850 Accumulated Depreciation -600 -585 Long-term Investments 650 710 Total Assets $3,5 75 $3,15 0 Liabilities and Owners Equity Accounts Payable 600 450 Accrued liabilities 100 125 Bonds payable 700 775 Accounts Payable 600 450 Accrued liabilities 100 125 Bonds payable 700 775 Capital Stock 950 850 Retained earnings 1,225 950 Total Liabilities and Owners Equity $357 $315 5 0 During the year 2019, a dividend of $130 was declared and paid by management of Beta Corporation. Some plant assets were purchased during 2019 and the payment was settled by issuing common stock amounting to $35. Required: Using the data given above, prepare statement of cash flows of Beta Corporation using indirect method