b$.$ The only changes affecting retained earnings are net income and cash dividends paid.

c$.$ New equipment is acquired for $$63,600$ cash.

d$.$ Received cash for the sale of equipment that had cost $$54,600,$ yielding a $$2,600$ gain.

e$.$ Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement.

f$.$ All purchases and sales of inventory are on credit.

Using the direct method, prepare the statement of cash flows for the year ended June $30,2021.$

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$IKIBAN$,$ INCORPORATED,$],[$For Year Ended June $30,2021,,],[,,],[,,],[,,],[,,],[$Cash flows from investing activities,,$],[,,],[,,],[,,],[$Cash flows from financing activities,,$],[,,],[$Cash balance at current year$-$end,,$],[$Net increase $($decrease$)$ in cash,,$],[,,]]$

$\backslash$table$[[$IKIBAN INCORPORATED$],[$At June $30,$Comparative Balance Sheets,$],[$Assets$,2021,2020],[$Cash$,$$$3,900,$$$50,000\backslash$table$[[\backslash$table$[[$IKIBAN INCORPORATED$],[$Comparative Balance Sheets$]]],[$At June $30,2021,2020],[$Assets$],[$Cash$,$$$83,900,$$$50,000$