6 1.87 points Suppose the income statement for Goggle Company reports $103 of net income, after deducting depreciation of $33. The company bought equipment costing $70 and obtained a long-term bank loan for $78. The company's comparative balance sheet, at December 31, is presented here. Required: 1. Calculate the change in each balance sheet account and indicate whether each account relates to operating, investing, and/or financing activities (+ for increase and - for decrease). 2. Prepare a statement of cash flows using the indirect method. 6. Are the cash flows typical of a start-up, healthy, or troubled company? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 6 Calculate the change in each balance sheet account and indicate whether each account relates to operating, investing, and/or financing activities (+ for increase and - for decrease). (Select "NE" if there is no effect. Enter all amounts as positive values.) Previous Year Current Year Change Cash $ 37 $ 254 Accounts Receivable 77 179 Inventory 270 137 Equipment 510 580 Accumulated Depreciation-Equipment (43) (76) Total $ 851 $ 1,074 Salaries and Wages Payable $ 12 $ 54 Notes Payable (long-term) 447 525 Common Stock 12 12 Retained Earnings Total 380 483 $ 851 $ 1,074 < Required 1 Required 2 >