Requirment

General Journal tab

Direct Method tab

In-direct tab

Additional Information a. A $42000 note payable is retired at its $42000 carrying lbookl value in exchange for cash. b. The only changes affecting retained eamings are net income and cash diviends pald. c. New equipment is acquired for $75,000cash d. Recelved cash for the sale of eouloment that had cost $62000. veloina a $5.200 aain. General Journal tab - Reconstruct the entries to summarize the activity between June 30,2018 and June 30,2019. Direct Method tab - Prepare the Statement of Cash flows for the year ended June 30, 2019 using the direct method. Indirect Method tab - Prepare the reconciliation to the indirect method