2. Prepare a complete statement of cash flows for October 2021 using the indirect method based on the information and guidance provided above. Sign Language Heanng Co Ltd Comparative Balance Sheet October 31, 2020, and 2021 2021 2020 275.000 240,000 220 000 45.000 510,000 1.290.000 320,000 180,000 240,000 45 000 350.000 1.135 000 Assets Cash and cash equivalent Accounts Receivable Inventory Prepaid expenses Equipment, net Total Assets Liabilities Accounts payable Accrued liabilities Bond payable Stockholders' Equity: Common Stock Retained earings Treasury stock Total liabilities and stockholders' equity 285,000 305 000 205,000 305,000 285.000 145.000 85,500 314,500 120,000 475.000 (100.000) 1 290.000 1.135 000 960,000 Sign Language Hearing Co Ltd Income Statement Year Ended October 31,2021 Revenues and gains. Sales revenue 960 000 Gain on sale of equipment 10,000 Total revenues and gains Expenses Cost of goods sold 450,000 Salary expense 105,000 Depreciation expense 26,000 Rent expense 155,500 Total expenses income before income taxes Income tax expense Net Profit 736,500 223,500 38,900 184,600 Notes Purchase of equipment Cash receipi from sale of equipment Issuance of bonds payable to borrow cash Cash receipt from issuance of common stock Dividend paid Book value of equipment sold Purchase of treasury stock 286,000 110,000 60,000 34,500 24,100 100,000 100,000