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Additional Information a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained

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Additional Information a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $57,600 cash. d. Recelved cash for the sale of equipment that had cost $48,600, yielding a $2,000 goin. e. Prepaid Expenses and Woges Payable relate to Operating Expenses on the income statement. f. All purchases and sales of imventory are on credit Required: (1) Prepare a statement of cash flows using the indirect method for the year ended June 30, 2021 Note: Amounts to be deducted should be indicated with a minus sign. (1) Required information (1) Required information Required information [The following information applies to the questions displayed below] The following financial statements and additional information are reported

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