Please explain every single step clearly. Also, please tell me how to find the operating expenses by reconciling or reconstructing the T account.

Q5. Cash Flow Statement (24 marks) The financial statements for Dodgers Ltd for fiscal years 2020 and 2021 are presented below: Additional information: 1. A cash dividend was declared and paid during the year. 2. During the year, plant and equipment asset was sold for $15600cash. This plant and equipment cost $40200 originally and had a carrying amount of $15600 at the time of sale. 3. Purchase of plant \& equipment were paid on cash. 4. All depreciation expense is included in the selling and administrative expense category. 5. Accounts payable pertain to inventory purchases. 6. Selling and administrative expenses (except for depreciation) and income taxes expense were paid in cash. 7. All sales and purchase were made on credit. Required