prepare a statement of cashflows with the following information from images and: Additional information:

$1.$ New equipment costing $$80,940$ was purchased for cash during the year.

$2.$ The increase in intangible assets is related to legal fees incurred to trademark new packaging designs.

$3.$ Accounts payable relate only to merchandise creditors.

$4.$ Operating expenses included wages expense of $$36,480.$

$5.$ Interest expense was paid in cash during the year.