The E&A Corporation comparative balance sheets follow. Balance Sheet 2016 2015 $5.001 $ 7,0001-2.00 Cash ooo 18,000 28,000 30,000 0,000)ce 12,000 Inventony PP&E Less: Accumulated depreciation 35,000 40.000 $75,000 4,000 -$75.000| 17 Total assets Accounts payable $73,000 Income taxes payable Common stock $25,000$21,000 1,000 24.000 24 000 Retained earnings 27,000 573000 22,000 Total liabilities and stock, equity The income statement revealed the following data:) Sales, $120,000; cost of goods sold, $80,000: selling and administrative expenses, $25,000; depreciation expense, S7000; and income taxes,$3,000. The company purchased 10,000 of equipment for cash on June 30. EQUIRED: Using the indirect method, prepare a statement of cash flows (50 Pts)