Shareholders' Equity Common shares $73,000 $54,800 Retained earnings(2) $100,332 $99,400 TOTAL SHAREHOLDERS' EQUITY $173,332 $154,200 TOTAL LIABILITIES AND EQUITY $294,132 $252,400 aditional information: 1. Equipment During 2020, equipment was sold for a gain of $4.700. The cash proceeds from the sale totaled $33,700. 2. Retained Earnings Joe's Fish Hut declared and paid $9,000 in dividends in 2020. Joe's Fish Hut Income Statement For the Year Ended January 31, 2020 Sales $127,000 COGS $82,550 Gross Profit $44,450 Operating Expenses Depreciation Expense $7,200 Other operating expenses $26,670 Total Operating Expenses $33,870 Operating Income $10,580 Other Income Gain on Sale of Equipment $4,700 Net Income Before Tax $15,280 Income Tax $5,348 Net Income $9.932 Create the cash flow statement using the indirect method. Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Joe's Fish Hut Cash Flow Statement For the Year Ended January 31, 2020 Cash Flow from Operating Activities Net Income Depreciation Gain on sale of equipment Change in Operating Assets and Liabilities Change in Accounts Receivable Change in Merchandise Inventory Change in Accounts Payable Net Cash Provided (Used) by Operating Activities Cash Flow from Financing Activities Issue of common shares Receipt of notes payable Payment of cash dividend Net Cash Provided (Used) by Financing Activities Net increase (decrease) in cash Cash at the beginning of the year Cash at the end of the year