The 2021 financial statements of Canbuild Inc. are presented below (unit measure in thousand) Cash 2021 Accounts receivable(net) 20 Inventory 50 189 Equipment 120 167 187 Accumulated depreciation-equipment 180 195 Total assets (140) (170) 416 382 Accounts payable 70 Dividends payable Long-term loan payable 107 Common shares Retained earnings 100 Total liabilities and shareholders' equity 416 Sales revenues 1,245 5: Cost of goods sold (635) (98) Depreciation expenses (324) Other operating expenses 168 Net income During fiscal year 2021, Canbuild sold a piece of its equipment. The equipment sold had originally cost Page 6: $153,000. Required: 1. Prepare Operating activity section of the statement of cash flows, using the indirect method, clearly labelling each cash flow item and ignoring the heading (3 points). 2. Determine the amount of cash paid to purchase the new equipment, Clearly show calculations for numbers that are not given (2 points). MacBook Air esc ED SOON EmoiNet income $153,000. During fiscal year 2021, Canbuild sold a piece of its equipment. The equipment sold had originally cost 168 Required: 1. Prepare Operating activity section of the statement of cash flows, using the indirect method, clearly labelling each cash flow item and ignoring the beading (3 points). 2. Determine the amount of cash paid to purchase the new equipment, Clearly show calculations for numbers that are not given (2 points). 3. Determine the amount of cash received from the sale of the equipment, Clearly show calculations for numbers that are not given (3 points). 4. Determine the amount of dividends paid. Clearly show calculations for numbers that are not given (3 points). 5. Determine the amount of cash collected from customers. Clearly show calculations for numbers that are not given (2 points). 6. Determine the amount of cash paid to suppliers. Clearly show calculations for numbers that are not given (3 points). A age 6: MacBook Air SOON Email Control