Required information [The following information applies to the questions displayed below] The following financlal statements and additional information are reported. Additional Information a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained eamings are net income and cash dividends paid, c. New equipment is acquired for $57,600 cash. d. Recelved cash for the sale of equipment that had cost $48,600, ylelding a $2,000 gain. e. Prepaid Expenses and Wages Payabie relate to Operating Expenses on the income statement. f. All purchases and sales of inventory are on credit. Required: (1) Prepare a statement of cash flows using the indirect method for the year ended June 30, 2021. Note: Amounts to be deducted should be indicated with a minus sign