Suppose the income statement for Goggle Company reports $$111$ of net income, after deducting depreciation of $$31.$ The company bought equipment costing $$80$ and obtained a long$-$term bank loan for $$86.$ The company's comparative balance sheet, at December $31,$ is presented here.

Required:

Calculate the change in each balance sheet account and indicate whether each account relates to operating, investing, and$/$or financing activities $(+$ for increase and $-$ for decrease$).$

Prepare a statement of cash flows using the indirect method.

Are the cash flows typical of a start$-$up$,$ healthy, or troubled company?

Required $1$

Required $2$

Required $6$

Calculate the change in each balance sheet account and indicate whether each account relates to operating, investin financing activities $(+$ for increase and $-$ for decrease$).($Select $"$NE$"$ if there is no effect. Enter all amounts as positi values.$)$

$\backslash$table$[[$Cash$,$Previous Year,Current Year,Change