3456 3 The following is a partial balance sheet for BethPage Inc. for 2021 and 2022 2022 2021 Cash 96,000 69,600 7 Receivables 65,600 92,000 8 Inventory 169,600 126,400 6 Property, Plant and Equipmer 576,000 619,200 10 Accumulated deprciation 219,000 392,000 11 Accounts payable 62,400 64,800 12 Interest payable 4,990 6,069 13 Unearned revenue 12,400 9,680 14 Retained earnings 34,400 17,600 15 16 Additional information 17 18 1 The Accumulated Depreciation account has been credited for the depreciation expense for the period 19 One asset was disposed of during the year. The original cost of the asset sold was $250,000 20 The asset had a net book value of $50,000 on the date of sale. 21 24 222222233 25 The income statement for 2022 is as follows. 26 27 Sales (all on credit) 28 Cost of goods sold 29 Gross profit 425,000 (191,250) 233,750 30 31 Operating expenses 32 Depreciation expense (27,000) 33 Other operating expenses (86,500) 34 Operating income 120,250 35 36 Gain on sale of PPE 23,000 37 Interest expense 18,600) 38 Net income before taxes 134,650 39 Income tax expense (40,395) 40 94,255 41 Net income 42 Required: Calculate the following sections of the the Statement of Cash flow: 43 a) Cash flow from Operations using the indirect method 44 b] Cash flow form Investing 45