ASAP

A comparative balance sheet for B.C. Ltd. is presented as follows: Balance Sheet 2021 2020 Assets $ $ Cash 300 490 Accounts receivable 1,020 410 Inventory 1,380 1,580 Equipment 5,150 3,190 Less: Accum. Depreciation (800) (1,000) Liabilities Accounts payable Accrued expense Bonds payable (Long-term) 830 90 1,600 370 80 770 Shareholder's Equity Common shares Retained earnings 3,510 1,020 2,590 860 Income Statement Revenues Sales 2021 $. 13,550 2020 $ 11,280 Expenses and others Cost of goods sold Other expenses Depreciation expense Loss on sale of old equipment 9,660 1,950 180 350 8,550 1,620 160 0 Net income 1,410 950 During 2021, the company sold some of their old equipment. $2,900 of new equipment items were acquired by issuing common shares of $600, and the balance paid with cash. 2020 + 2021 Cash Accounts Receivable Inventory Equipment Accumulated Dep Accounts Payable Accrued Expenses Bonds Payable Common Shares Retained Earnings Required: Use Direct method to prepare in good form the 2021 Statement of Cash Flows for the company. (Cash flows from operating activities and financing activities ONLY) $ $