Use the following B/S and I/S to create a direct method CFO: Balance Sheet Income Statement 2019 2018 Change Sales $ 20,000 Cash $ 6,320 5.100 1.220 Cost of Goods Sold 8.000 Accounts Recivable 4,140 5.640 (1.500) Gross Profit $ 12,000 Inventory 6.200 7.200 (1.000) Misc Expense 980 Prepaid Rent 420 2.220 (1.800) Salary Expense 4.470 Total Current Assets $ 17,080 $ 20,160 Depreciation Expense 2.865 PPE 42.900 42.900 Amortization Expense 225 Aocum Depr. 12,870 10,005 2.865 Rent Expense 1.800 Intangible Assets 2,025 2.250 (225) Oporating Profit $ 1,660 Long-term Investments 4,965 4.965 Interest Expenso 2,400 Land 2.000 2.000 Income Before Tex $ (740) Total Assets $ 56,100 $ 60,270 Tax Expense Accounts Payable 1,500 6.500 (5.000) Net Income $ (740) Wages Payable 1.730 (1.730) Interest Payable 360 560 (200) Total Current Liabilities $ 1,860 $ 8,790 Bank Loan 4,500 4.500 Bonds Payable 19,500 19.500 Total Liabilities $ 25,880 $ 32,790 Common Stock 16.500 12.000 4.500 Retained Earnings 13,740 15,480 (1.740) Total Shareholders Equity $ 30,240 $ 27,480 Total Labilities and SE $ 56,100 $ 60,270