The comparative balance sheets for 2021 and 2030 and the statement of income for 2001 are given below Wright Company. Additional information from Wright's counting records is provided to WRIGHT COMPANY Comparative Balance Sheets December 31, 2021 and 2020 is in thousands 2021 2020 Assets Cash Accounts receivable Short-term investment Inventory Land Buildings and equipment Les Accumulated depreciation $ 42 73 40 75 50 550 $30 75 15 70 60 400 075 $575 $ 715 Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable Shareholders' Equity Common stock Paldin capitales of par Retained earnings 520 2 5 9 o 160 5 35 5 3 12 30 100 250 126 135 5 715 200 100 90 5575 $300 WRIGHT COMPANY Income Statement For Year Ended December 31, 2021 is in thousands Revenues: Sales revenue Expenses: Cost of goods sold $ 130 Salaries expense 45 Depreciation expense 40 Interest expense 12 Loss on sale of land 3 Income tax expense 70 Net Income 300 $. 80 Additional information from the accounting records Land that originally cost $10,000 was sold for $7.000 The common stock of Microsoft Corporation was purchased for $25,000 as a short term investment no clas sified as a cash equivalent c. New equipment was purchased for $150,000 cash. d. A 530,000 note was paid at maturity on January 1 e. On January 1, 2021. boods were sold at their $60,000 face value. 1. Common stock (550.000 par) was sold for $76.000 & Net income was $80,000 and cash dividends of $35.000 were paid to shareholders Required: Prepare the statement of cash flow of Wright Company for the year ended December 31, 2021. Present call flows from operating activities by the direct method. (You may omit the schedule to reconcile net income with cash flows from operating activities)