The statement of financial positions for RSA Pty Ltd for fiscal years 2019 and 2020 are presented below: RSA Pty Ltd Statement of financial position 2019 2018 Assets Cash $ 39,000 $ 31,000 Accounts receivable 80,000 60,000 22,000 17,000 18,000 40,000 Prepaid insurance Land Equipment Accumulated depreciation Total Assets 70,000 60,000 (20,000 (13,000 $209.000 $195.000 $ 11,000 $ 6,000 Liabilities and equity Accounts payable Debentures payable Ordinary shares 27,000 19,000 140,000 115,000 31,000 55,000 Retained earnings Total liabilities and equity $209,000 $195.000 Additional information: 1. Net loss for 2019 is $20,000. Net sales for 2019 are $250,000. 2. Cash dividend was declared and paid during the fiscal year 2019. 3. Land was sold for cash at a loss of $10,000. This was the only land transaction during the year. 4. Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $5,000 cash. 5. $12,000 of debentures were retired during the fiscal year 2019 at their carrying amount. 6. An Equipment was acquired for ordinary shares. The fair market value of the shares at the time of the exchange was $25,000. 7. The fiscal year ends for RSA Pty Ltd on June 30. Required: (A) Calculate the amount of depreciation expense during the fiscal year 2019. (2 marks) (B) Calculate the amount of cash received from the sale of land during the fiscal year 2019. (2 marks) (C) Calculate the amount of cash dividend paid during the fiscal year 2019. (2 marks) (D) Prepare a statement of cash flows for the year ended June 30, 2019 (fiscal year 2019) using the indirect method. (17 marks) (E) Is it possible for a company to report a net profit for a given year, yet produce a negative net cash flow from operating activities? Please explain your