Revenue Cost of goods sold Gross margin Guatemala Ltd. Income Statement For the year ended December 31, 2022 Selling and admin expenses Wage expense Depreciation expense Interest expense Income before taxes Income tax expense Net income $7,650 3,760 3,890 1,270 800 700 190 930 186 $ 744 Information on transactions during 2022: a) Repaid $1,000 of long-term debt by transferring a piece of unused land to the creditor. The land had a carrying amount of $800. b) Issued $500 of common shares for cash. c) Sold equipment with cost of $700 and accumulated depreciation of $550 for $100. d) Purchased new equipment for cash and $150 in long-term debt. e) All gains and losses are included in selling and admin expenses. f) The interest and income tax expenses are equal to the amount of cash paid. Required: Prepare Guatemala Ltd.'s cash flow statement for the year ended December 31, 2022 in good form. Provide all necessary disclosures.