C Seoure httpsWnew com/flow/connect htm Week 3 Assignment 0 You skipped this question in the previous attempt Problem 6-25 Accounting for depreclation over multiple accounting cycles: s 6-2,6-5 traight-line depreclation LO lensen Company began operations when t acquired $60000 cash from the issue of acquired was immediately used to purchase equipment for $50,000 hat had a $10000 our years. The equipment was used to beginning of the fifth year, the equipment was sold for $8,800 cash. Bensen 1 2018. The cash cash). At the produce the following revenue stream (assume all sevenue transactions are for t salvage value and an expected useful ife of uses straight-line depreciation Prepare income statements, statements of changes in stockholders the five yeirs. Present t the satements in the must be indicated with a minus sign) equity balance sheets, and statements of cash Sows for each of Sheet only form of a vertical statements model. (Statement of Cash Flows and Balance Ended December 31 Income Statemant SAMSUNG 7 8 9 0