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Required information The following informotion opplies to the questions disployed below] The following finsncial statements and addisonal information are reported. Additional Information a. A $30,000 notes poyoble is retired ot its $30,000 corrying foookg velue in exchange for cosh. b. The only changes affecting retsined eornings are net incorne and cash aividends paid. c. Hew equipment is acquired for $73,600cosh. d. Received cosh for the sole of equipment thot hod cost $64,600. yyelding a $3,600goin. e. Prepoid Expenses ond Wages Poyoble relate to Operesing Expenset on the income statement. f. All purchoses and soles of inventory ore on credit. (2) Compute the compony's cosih flow on total assets ratio for its fircal yeor 2021