The following financlal statements and additional information are reported. Additional Information a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. b. The only changes affecting retained earnings are net income and cash dividends paid. c. New equipment is acquired for $77,600 cash. d. Recelved cash for the sale of equipment that had cost $68,600, ylelding a $4,000 gain. e. Prepald Expenses and Wages Payable relate to Operating Expenses on the income statement. f. All purchases and sales of inventory are on credit. Exerclse 1212 (Algo) Part 1 Required: (1) Prepare a statement of cash flows using the Indirect method for the year encled June 30,2021 Note: Amounts to be deducted should be indicated with a minus sign. Required information \begin{tabular}{|l|l|} \hline & Statement of Cash Flows (indirect Method) \\ \hline Cash flows from operating activities \\ \hline For Year Ended June 30, 2021 \\ \hline Income statement items not affecting cash \\ \hline & \\ \hline Changes in current operating assets and liabilities \\ \hline & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline Cash flows from investing activities \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Cash flows from financing activities & & \\ \hline & & \\ \hline & & \\ \hline Net increase (decrease) in cash. & \\ \hline Cash balance at prior year-end & \\ \hline Cash balance at current year-end & \\ \hline \end{tabular} (2) Compute the company's cash flow on total assets ratio for its fiscal year 2021