HH | The following data is provided for AZ Company Debits 2021 2020 Cash $ 19,000 $ 9,000 36,000 22,000 Inventory 24,000 35,000 Equipment 170,000 90,000 Land 136.000 105,000 Treasury Stock 15,000 9,000 $ 400,000 $ 270,000 Change 10,000 14,000 (11,000) 80.000 31,000 6,000 Credits Accumulated depreciation Accounts payable Taxes payable Bonds payable Common Stock, $10 par Paid-in-capital Retained earnings $ 45,000 $ 29,000 23.000 19,000 8,000 15,000 115,000 70,000 80,000 60.000 30.000 17,000 99,000 60,000 $400,000 $270,000 16,000 4,000 (7,000) 45,000 20.000 13,000 39,000 Other data for the year: 1. Net income amounted to $55,000 for 2021. 2. Equipment costing $100,000 was purchased. 3. Dividends declared and paid amounted to $16,000. 4. Equipment costing $20,000 was sold for $4,000 when the equipments' book value was $7,000. 5. Other changes in the non-cash accounts resulted from the usual transactions recored in those accounts. REQUIRED: a) Complete the cash flow worksheet (Use the T-Accounts provided) Note: Include all labels for each entry HINT: You must compute the depreciation expense after recording the gain or loss on the sale of equipment. b) Prepare the formal Statement of Cash Flows for the year ending 2016. Note: The Statement of Cash Flows must be prepared formally