The following financial statements and additional information are reported Ichibon Inc. comparative balance sheets at June $30,20212020$ assets cash $2021102,100202053,000$ accounts receivable net $202178,500202060,000$ inventory $202172,82020100,000$ prepaid expenses $2021532027,200$ total current assets $2021258,7002020220,200$ equipment $133,000$ for $2021124,000$ for $2020$ accumulated depreciation equipment $2021-31,52020-13,500$ total assets $2021360,2002020330,700$ liabilities and equity accounts payable $202134,000202043,500$ wages payable $202169202016,800$ income tax payable $2021432025,600$ total current liabilities $202145,200202065,900$ notes payable long$-$term $202139,000202069,000$ total liability is $202184,22020134,900$ equity common stock five dollars par value $2021238,02020169,000$ retained earnings $202138,000202026,800$ total liabilities and equity $360,200$ for $2021330,700$ for $2020$ Caban incorporated income statement for your ended June $30,2021$ sales $723,000$ cost of good sold $420,000$ cruise profit $303,000$ operating expenses excluding depreciation $76,000$ depreciation expense $67,600$ the total of that is $159,400$ other gains losses gain on sale of equipment $2900$ income before taxes $162,300$ income taxes expense $44,790$ income $117,510$ additional information a a $$30,000$ note payable is retired at its $30,000$ caring book value and exchange for cash be the only charges affecting retainer earnings are net income and cash dividends paid see new equipment is acquired for $66,600$ cash D receive cash for the sale of equipment that cost $57,600$ yielding a $$2900$ gain E prepared expenses wages payable related to operating expenses on the income statement F all purchases and sales of the inventory are on credit one prepare a statement of cash flows using the indirect method for the year of June $30,2021$ no amounts to be deducted should be indicated with the minus sign