Prepare Records Company Statement of Cash Flows for the Year Ended December 31, 2023: Records Company Income Statement Year Ended December 31. 2023 Sales $ 180,000 Cost of Goods Sold $ (122,000) Depreciation Expense $ (30,000) Operating Expense $ (18,000) Loss on sale of land (1,000) Gain on the sale of equipment 5,000 Net Income $ 14,000 Balance Sheet 2023 2022 2023 2022 Cash 41,000 $ 51,000 Accounts Payable $ 18,000 $ 13,000 Accounts Receivable 27,000 $ 34,000 Interest Payable $ 28.000 $ 25,000 Inventory 40,000 $ 31,000 Salaries Payable $ 20,000 $ 11,000 Prepaid Expense 5,000 $ 4,000 Notes Payable $ 15,000 $ 35,000 Investments 15,000 $ 12,000 Bonds Payable $ 25,000 $ 37,000 Land 15,000 $ 20,000 Common Stock $ 148,000 $ 128,000 Building and Equip, net $ 139,000 $ 122,000 Retained Earnings $ 28,000 $ 25,000 $ 282,000 $ 274,000 $ 282,000 $ 274,000 Additional Information: A. Purchased investments. B. Purchased $50,000 of equipment. C. Paid off $20,000 of notes payable by issuing common stock D. Paid dividends E. Sold equipment with a book value of $3,000 for a gain of $5,000. F. Sold land for a loss of $1,000 140%