selected financial statement information and additional data for Diablo Enterprises Go-Kart Corporation is presented below Diablo Enterprises Go-Kart Corporation Balance Sheet and Income Statement Data December 31, December 31, 2020 2021___ Current Assets Cash $115,000 $193,000 Accounts Receivable 326,000 383,000 Inventory 324,000 206,000 Total Current Assets 765,000 782,000 Property, Plant, and Equipment 1,122,000 1,241,000 Less: Accumulated Depreciation (442,000) (476,000) 680,000 765,000 Total Assets $1,445,000 $1,547,000 Current Liabilities Accounts Payable $112,000 $155,000 Notes Payable 68,000 61,000 Income Taxes Payable 66,500 107,000 Total Current Liabilities 246,500 323,000 Bonds Payable 391,000 340,000 Total Liabilities 637,500 663,000 Stockholders' Equity Common Stock 467,500 510,000 Retained Earnings 340,000 374,000 Total Stockholders' Equity 807,500 884,000 Total Liabilities & Stockholders' Equity $1,445,000 $1,547,000 Additional Information: 1. Net Income for the year ending December 31, 2021 was $164,000 2. During the year, the company sold equipment at a sale price below its book value. The sale resulted in a loss of $12,000. This equipments original cost was $147,000. Accumulated depreciation totaled $119,000 on the date it was sold. 3. They purchased new equipment for $266,000. Required: Prepare a statement of cash flows in proper form for the year ending December 31, 2021.