please prepare statement of cash flows(direct method) : cash 6,300 accounts receivable 900 equipment 5,500 accumulated depreciation -equipment 1,500 total assets 11,200 accounts payable 500 ,salaries and wages payable 500 ,notes payable 1,700,common stock 5,000 retained earnings3,500 total liabilities and stockholders equity 11,200 service revenue 37,500 salaries and wages expense 35,000 depreciation expense 250 income tax expense 1,000 net income 1,250 new hockey equipment for cash 500 barrowed cash from bank 1,200