1. Prepare the Operating Activities section of the Statement of Cash Flows for 2021.

2. What is the total change in cash from investing and financing activities?

You are given the Balance Sheet(s) and Income Statement for Kilo Equipment. Additional information for 2021: - Acquisition value of plant assets, KWD 94,000. - Payment of dividends, KWD 62,000. - Payment of long-term notes payable, KWD 9,000. - Cash receipts from the issuance of common stock, KWD 8,000. Kilo Equipment Inc. disposed of plant assets at book value. The cost and accumulated depreciation of the disposal asset was KWD 43,400. No cash was received upon disposal. Requirements: 1. Prepare the Operating Activities section of the Statement of Cash Flows for 2021. 2. What is the total change in cash from investing and financing activities? Kilo Equipment Inc. Comparative Balance Sheet 31-DecAssets \begin{tabular}{|r|r|} \hline 2021 & 2020 \\ \hline & \\ \hline \end{tabular} Current Assets Liabilities Current Liabilities \begin{tabular}{|l|l|l|r|r|} \hline \multicolumn{1}{|c|}{ Accounts Payable } & KWD & 77,000 & KWD & 71,000 \\ \hline \multicolumn{1}{|c|}{ Salaries Payable } & KWD & 4,000 & KWD & 5,000 \\ \hline \multicolumn{1}{|c|}{ Long-Term Liabilities } & & & & \\ \hline \multicolumn{1}{|c|}{ Notes Payable } & KWD & 58,000 & KWD & 67,000 \\ \hline \multicolumn{1}{|c|}{ Stockholders' Equity } & KWD & 139,000 & KWD & 143,000 \\ \hline Total Liabilities & & & & \\ \hline & KWD & 44,000 & KWD & 36,000 \\ \hline Common Stock, no par & KWD & 287,000 & KWD & 229,000 \\ \hline Retained Earnings & KWD & 331,000 & KWD & 265,000 \\ \hline Total Stockholders' Equity & & & & \\ \hline & KWD & 470,000 & KWD & 408,000 \\ \hline \end{tabular} Kilo Equipment Inc. Income Statement Year ended December 31, 2021 Sales Revenue Cost of Goods Sold \begin{tabular}{|lr|} \hline KWD & 716,000 \\ \hline KWD & 346,000 \\ \hline KWD & 370,000 \\ \hline \end{tabular} Operating Expenses Net Income