what is the Solution for this please

The Murdock Corporation reported the following balance sheet data for 2019 and 2018: 2019 2018 $22,955 $77,375 Available for sale securities (not cash equivalents) 15.500 85.000 Accounts receivable Inventory Prepaid insurance Land, buildings, and equipment Accumulated depreciation Total assets Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity 80,000 165,000 1,500 1,250,000 (510.0001 $979,375 $76,340 20,000 25,000 200,000 300,000 356.035 $979,375 68,250 145,000 2,000 1,125,000 1572.000 $876,205 $148,670 24,500 75.000 300,000 328.035 $876,205 Additional information for 2019: (1.) Sold available-for-sale securities costing $69,500 for $74,000. (2.) Equipment costing $20,000 with a book value of $5,000 was sold for $6,000. (3.) Issued 6% bonds payable at face value, $200,000. (4.) Net income was $50,000. (5.) Assume revenues of $500,000 and COGS of $300,000 Required: Prepare a statement of cash flows for 2019 in good form using the indirect method for cash flows from operating activities (10 points). Prepare the operating activities section using the direct method (5 points) Prepare a concise business memo to me, the President of Murdock Corporation, detailing to me how the following items (shoot for 200 words total): (5 points) A) The performance of the business from a cash flow perspective, and B) Whether or not we need to present two separate cash flow statements. Form in which you will be graded on: This assignment is worth a total of 20 points: 1. Follow instructions. Points will be deducted for unprofessional appearance. 2. Homework is to be submitted before your class is scheduled to begin. No exceptions. 3. Must show all work - Missing calculations will result in loss of points! **If completing assignment in Excel, show all calculations on the side or underneath