Suppose the income statement for Goggle Company reports $107 of net income, after deducting depreciation of $32. The company bought equipment costing $75 and obtained a long-term bank loan for $82. The company's comparative balance sheet, at December 31, is presented here. 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). 2. Prepare a statement of cash flows using the indirect method. 6. Are the cash flows typical of a start-up, healthy, or troubled company? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 6 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.) Change +1 Cash Accounts Receivable + Type 223 Cash 103 Operating 137 Operating 75 Investing 32 Operating - Inventory Equipment Accumulated Depreciation Equipment Previous Year Current Year $ 38 $ 261 78 181 275 138 515 590 (42) (74) $ 864 $ 1.096 $ 13 $ 56 + + Total + 43 Operating 82 Financing 448 530 + Salaries and Wages Payable Notes Payable (long-term) Common Stock Retained Earnings Total NE 13 390 864 13 497 1,096 + 107 Operating $ $