Hithat fice Additional Information 7. A 528,000 note payable is retired at its $28.000 carrying (book) value in exchange for erich. b. In 2022 . Hibiban, Ine, declarcd and poid 574.320 of dividends to its ecomenon sharcholjcts. c. New equipment is acquirul for $63,500cash. d. Received 516,300 in caah for the sale of equiponent that had a cost of 548,500 and accumulated depreciation of 534,900 . c. In 2022, Ikitath. Ine. issued 10.500 newe slazes of cotrmon sock at par vahue (\$5. pct share). Required: Prepare a stalement of cash flows using the ixdirect method (the statement should cnd with a reconciliation from cash at the beginning of the period to cabla at the end of the pcriod)