The balance sheet and income statement for Joe's Fish Hut are presented below:

Joe's Fish Hut Balance Sheet As at December 31
	2021	2020
ASSETS
Current Assets
Cash	$175,252	$58,300
Accounts receivable	$22,100	$12,100
Merchandise Inventory	$24,100	$27,400
Total Current Assets	$221,452	$97,800
Equipment(1)	$128,000	$195,000
Less: Accumulated depreciation	$-29,000	$-22,700
TOTAL ASSETS	$320,452	$270,100
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable	$28,100	$41,400
Notes payable-current portion	$7,500	$7,500
Total Current Liabilities	$35,600	$48,900
Notes payable-noncurrent portion	$74,000	$50,000
TOTAL LIABILITIES	$109,600	$98,900
Stockholders' Equity
Common stock	$85,000	$51,100
Retained earnings(2)	$125,852	$120,100
TOTAL STOCKHOLDERS' EQUITY	$210,852	$171,200
TOTAL LIABILITIES AND EQUITY	$320,452	$270,100

Additional Information: 1. Equipment During 2021, equipment was sold for a gain of $6,600. The cash proceeds from the sale totaled $73,600. 2. Retained Earnings Joe's Fish Hut declared and paid $6,000 in dividends in 2021.

Joe's Fish Hut Income Statement For the Year Ended December 31, 2021
Sales	$127,000
COGS	$82,550
Gross Profit	$44,450
Operating Expenses
Depreciation Expense	$6,300
Other operating expenses	$26,670
Total Operating Expenses	$32,970
Operating Income	$11,480
Other Income
Gain on Sale of Equipment	$6,600
Net Income Before Tax	$18,080
Income Tax	$6,328
Net Income	$11,752

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 December 31, 2021
Cash Flow from Operating Activities
Net Income	Answer
Depreciation	Answer
Gain on sale of equipment	Answer
Change in Current Assets and Current Liabilities
Change in Accounts Receivable	Answer
Change in Merchandise Inventory	Answer
Change in Accounts Payable	Answer
Net Cash Provided (Used) by Operating Activities		Answer
Cash Flow from Investing Activities
Sale of equipment	Answer
Net Cash Provided (Used) by Investing Activities		Answer
Cash Flow from Financing Activities
Sale of common stock	Answer
Receipt of notes payable	Answer
Payment of cash dividend	Answer
Net Cash Provided (Used) by Financing Activities		Answer
Net increase (decrease) in cash		Answer
Cash at the beginning of the year		Answer
Cash at the end of the year		Answer