Use the following financial statements and additional information.

ONPOINT INCORPORATED Comparative Balance Sheets June 30, 2019 and 2018
	2019	2018
Assets
Cash	$ 127,700	$ 74,600
Accounts receivable, net	70,000	55,000
Inventory	65,000	90,000
Prepaid expenses	4,500	5,600
Total current assets	267,200	225,200
Equipment	131,000	121,000
Accumulated depreciationEquipment	(33,000)	(11,000)
Total assets	$ 365,200	$ 335,200
Liabilities and Equity
Accounts payable	$ 28,000	$ 34,000
Wages payable	7,000	17,000
Income taxes payable	3,800	4,200
Total current liabilities	38,800	55,200
Notes payable (long term)	35,000	70,000
Total liabilities	73,800	125,200
Equity
Common stock, $5 par value	250,000	180,000
Retained earnings	41,400	30,000
Total liabilities and equity	$ 365,200	$ 335,200

ONPOINT INCORPORATED Income Statement For Year Ended June 30, 2019
Sales		$ 699,000
Cost of goods sold		427,000
Gross profit		272,000
Operating expenses
Depreciation expense	$ 61,000
Other expenses	69,000
Total operating expenses		$ 130,000
		142,000
Other gains (losses)
Gain on sale of equipment		2,200
Income before taxes		144,200
Income taxes expense		44,140
Net income		$ 100,060

Additional Information

1. A $35,000 note payable is retired at its $35,000 carrying (book) value in exchange for cash.
2. The only changes affecting retained earnings are net income and cash dividends paid.
3. New equipment is acquired for $60,000 cash.
4. Received cash for the sale of equipment that had cost $50,000, yielding a $2,200 gain.
5. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement.
6. All purchases and sales of inventory are on credit.

   Direct Method tab - Prepare the Statement of Cash flows for the year ended June 30, 2019 using the direct method.

   Indirect Method tab - Prepare the reconciliation to the indirect method. all the general journals have been created. I need the direct and indirect method table