Suppose the income statement for Goggle Company reports $$151$ of net income, after deducting depreciation of $$21.$ The company bought equipment costing $$130$ and obtained a long$-$term bank loan for $$136.$ 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?

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Required $1$

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$).($Select $"$NE$"$ if there is no effect. Enter all amounts as positive values.$)$

$\backslash$table$[[,$Previous Year,Current Year,Char,,Type$],[$Cash$,49,348,+,299,$Cash$],[$Accounts Receivable,$89,203,+,114,$Operating$],[$Inventory$,330,149,-1,181,$Operating$],[$Equipment$,570,700,+,130,$Investing$],[$Accumulated Depreciation$-$Equipment,$(31),(52),+,21,$Operating$],[$Total$,1,007,1,348,,,],[$Salaries and Wages Payable,$24,78,,54,$Operating$],[$Notes Payable $($long$-$term$),459,595,,136,$Financing$],[$Common Stock,$24,24,NE,,$Financing$],[$Retained Earnings,$500,651,,151,$Operating$],[$Total$,1,007,1,348,,,]]$N