The comparative balance sheet for Eastern Travel Services, Inc., for December 31, 2021 and 2020, is as follows: E: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Eastern Travel Services, Inc.: (Click the icon to view the transaction data.) Eastern Travel Services, Inc., uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of cash flows for 2021. (Use parentheses or a minus sign for numbers to be subtracted or net cash outflo I Balance Sheet - Transactions 4 Assets ZOZT 2020 5 Current assets: a. 6 Cash $ 41,000 $ 22,000 79,000 82,000 7 Accounts receivable C. Land was sold for $13,900. b. Equipment was purchased for cash. There were no disposals of equipment during the year. d. The common stock was issued for cash. e. Net income for 2021 was $36,000. f. Cash dividends paid during the year were $7,000. 8 Inventory 9 Prepaid insurance 59,000 16,000 12,000 17,000 $ 191,000 $ 137,000 10 Total current assets 11 12 Land $ 103,000 $ 120,000 Print Done 13 Equipment 85,000 61,000 14 Less: Accumulated depreciation (14,000) (8,000) $365,000 $ 310,000 15 Total assets 16 17 Liabilities 18 Current liabilities: $ 23,000 $ 38,000 19 Accounts payable 20 Wages payable Clear all Check an 27,000 20,000 .. The comparative balance sheet for Eastern Travel Services, Inc., for December 31, 2021 and 2020, is as follows: (Click the icon to view the comparative balance sheet.) The following information is taken from the records of Eastern Travel Services, Inc.: (Click the icon to view the transaction data.) Eastern Travel Services, Inc., uses the indirect method for preparing the statement of cash flows. Prepare the operating section of the statement of coch flows for 2001 Iconaranthacacora minuccion for numbers to be subtracted or net ca - X Balance Sheet Eastern Travel Services, Inc. Statement of Cash Flows-Operating Activities Section (Indirect Method) 18 Current liabilities: For the Year Ended December 31, 2021 19 Accounts payable $ 23,000 $ 38,000 Operating Activities: 20 Wages payable 27,000 20,000 21 Interest payable 14,000 13,000 Adjustments to reconcile net income to cash basis: 22 Income taxes payable 13,000 10,000 23 Total current liabilities $ 77,000 $ 81,000 24 25 Notes payable (long-term) 95,000 87,000 26 Total liabilities $ 172,000 $ 168,000 27 28 Stockholders' equity 29 Common stock $ 144,000 $ 122,000 30 Retained earnings 49,000 20.000 Net cash provided by (used for) operating activities 31 Total stockholders' equity $ 193,000 $ 142,000 32 Help me solve this Video Get more help 33 Total liabilities and equity $365,000 $ 310,000 CI