Required: (1) Prepare a statement of cash flows us ng the mndurect methed for the year ended June 30, 2020 . Note: Amounts to be deducted should be indicated with a minus sign. Required information [The following information applies to the questions displayed below] The foliowing financial statements and adcitional information are reported. Additional information o. A $30,000 note payobie is retired at its $30,000 carcying (book) value in exchonge for cosh b. The only changes affecting tetained earnings bre netincome and cash dividencis paid c. Neve equipment is acqured for $57,600 cosh d. Recelved cash for the sale of equipment that had cost $48,600, ylelding a $2000gain e. Prepald Expenses and Weges Payable rebte to Operating Expenises on the income stetement 1. All parchases and sales of inventory are on ciedit