uiz Statement of Cash Flow Set A The following information is taken from Baleho Corporation's financial statements: December 31 2019 2018 Diff Cash 80,000 27,000 53,000 Accounts receivable 93,000 80,000 13,000 Allowance for doubtful accounts -8,000 -3,100 4,900 Inventory 155,000 175,000 -20,000 Prepaid expenses 10,000 6,800 3,200 Land 100,000 60,000 40,000 Buildings 287,000 244,000 43,000 Accumulated depreciation -32,000 -13,000 -19,000 Patents 20,000 35,000 -15,000 705,000 611,700 Accounts payable 90,000 84,000 6,000 Accrued liabilities 55,000 63,000 -8,000 Bonds payable Share capital-ordinary 125,000 60,000 65,000 100,000 100,000 Retained earnings 351,000 312,700 38,300 Treasury shares, at cost -16,000 -8,000 -8,000 705,000 611,700 2019 Sales 250.000 COGS -125.000 Depreciation Expenses -19.000 Amortization Expenses -5.000 Bad Debt Expenses -6.000 Other Operating Expenses -20.000 Gain on sale of Patents 2.000 77.000 Income Tax Expenses 18.700 Net Income 58.300 Cash Dividend Declared and Paid 20.000 Fixed assets and treasury shares were purchased for cash Bonds Payable was issued for cash Instructions a. Prepare a statement of cash flows for Baleho Corporation for the year 2019. (Use the indirect method.) b. Prepare the cash flow from operation section using direct method