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The balance sheet and income statement of Vista Analytics Inc. are given as follows $($in thousands of dollar$).$ Balance Sheet Vista Analytics, Inc. December $31,20$X$2$ December $31,20$X$1$ Assets: Cash $ $21,000$ $ $23,600$ Accounts receivable $18,00021,000$ Inventory $35,00032,000$ Prepaid insurance $2,4001,400$ Equipment $62,00086,800$ Accumulated depreciation $(18,400)(17,900)$ Patent $2,0001,500$ Total assets $ $122,000$ $ $148,400$ Liabilities and shareholders$$ equity: Accounts payable $ $12,000$ $ $15,000$ Short$-$term bank loan $15,000$ Wages payable $4,0001,000$ Income tax payable $2,0002,200$ Note payable, long$-$term $20,00010,000$ Total liabilities $53,00028,200$ Common stock $($$$10$ par$)50,00080,000$ Additional paid$-$in capital $3,0006,000$ Retained earnings $16,00034,200$ Total liabilities and shareholders$$ equity $ $122,000$ $ $148,4003$ Income Statement Vista Analytics, Inc. For the year ended on December $31,20$X$2$ Revenue $ $150,000$ Cost of goods sold $(62,000)$ Gross profit $88,000$ Expense: Depreciation $(4,500)$ Amortization $(500)$ Insurance $(2,000)$ Wages and salaries $(48,500)$ Income taxes $(7,000)$ Gains from sale of equipment $1,200$ Net income $ $26,700$ Additional information about key transactions is as follows: In $20$X$2,$ the company sold some used equipment with net book value of $$32,400$ for a gain of $$1,200.$ All other transactions affecting the company$$s cash flows from operating, investing, and financing activities are completely reflected on the balance sheet and do not require assumptions. Requirements: a$.$ Prepare a statement of cash flow using the indirect method to reconcile net income to operating cash flows and the direct method to show cash inflows and outflows from investing and financing activities, respectively. Include computations to support your answer. b$.$ Analyze cash flows from each of the three different activities for Vista Analytics Inc., by explaining what economic activities and transactions have affected the cash flows of the company during $20$X$2.$ c$.$ Based on your analysis above, identify the life stage$/$cycle of this company in $20$X$2.$ Explain your answer using key information found in the company$$s statement of cash flows and other financial statements.

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