Prepare a Statement of Cash Flows for the period ending December 31, 2021 using the following information. Income Statement Sales Revenue $650,000 Cost of goods sold 215,000 Gross profit 435,000 Operating expenses 150,000 Depreciation expense 60,000 Operating income 225,000 Other gains and losses Gain on sale of equipment 10,000 Gain on sale of building 25,000 Loss on sale of equipment (6,000) Total other gains & losses 29,000 Income before income taxes 254,000 Income tax expense 53,340 Net income $200,660 Comparative Balance Sheet Account Cash Accounts receivable Inventory Accounts payable Salaries payable 2021 $501,660 $50,000 $112,000 $40,000 $15,000 2020 $75,000 $40,000 $130,000 $16,000 $17,000 Other Information: Equipment was sold for $22,000 cash that resulted in a gain of $10,000. A building was sold for $110,000 cash resulting in a $25,000 gain. Equipment was sold for $8,000 cash that resulted in a loss of $6,000. Equipment was purchased for costing $150,000. The company paid cash of $25,000 and signed a note payable for the balance. A cash dividend was paid in 2021 for $75,000. A cash dividend was declared in 2021 payable in 2022 of $60,000. A 15% stock dividend was issued in 2021 that decreased retained earnings by $50,000. Common stock was issued for $250,000 cash. urchased Treasury Stock paying cash of $125,000