Instruction Prepare a statement of cash flow for the year using the indirect and direct method! PROBLEM 5-2 (CASH FLOWS : DIRECT METHOD) Joy Corporation's comparative of statement of financial position are presented below Jov Comnanv Additional information : During 2022 , the company sold for $17,000 cash old equipment that had cost $36,000 and had $19,000 accumulated depreciation. Also in 2022, new equipment worth $65,000 was acquired in exchange for $65,000 of bonds payable, and bonds payable of $117,000 were retired for cash at a loss. A $21,000 cash dividend was declared and paid in 2022. Any stock issuances were for cash. Instruction Prepare a statement of cash flows for 2022 using the Direct Method