Checation EL C35 marks) The following is halance sheet information for NICOLE L $132 Assets $230 120 Cash NO 40 AR 60 4 Inventory 20 Prepaid Exp 120 560 Land 160 Building 640 (20) Ace Dep...Building (44) 40 Equipment 108 (4 Total Acc. Dep. Equipment (12) 5592 $1,432 Liabilities and Equity AP TAP $112 5:48 BP 24 32 c/s 520 80 RE 280 200 Totals 696 232 $1,632 3592 The income statement for NICOLE Lad for 2022 Sales CGS GP Depreciation exp Other operating exp Loss on disposal of equipment Interest exp Income tax expense Net income $2,028 600 1,428 $ 36 564 12 48 188 $580 Additional information for 2022: L ii. iv. Required: a Equipment with an original cost of $32 and accumulated amortization of $4 was sold for $16 cash during the year. Equipment was acquired for cash during the year. Depreciation expense consists of $24 for the building and $12 for equipment. Cash dividends were declared and paid during the year. NICOLE acquired land by issuing a $440 BP [long term]. Compute FCF using the formula FCF-NOPAT-ANOA FCE NOPAT & NOA 12 marks It is helpful to construct the table below OA OL NOA 2022 2021