The following is a partial balance sheet for BethPage Inc. for 2021 and 2022 2022 2021 Cash 96,000 69,600 Receivables 65,600 92,000 Inventory 169,600 126,400 Property, Plant and Equipment (PP 576,000 619,200 Accumulated deprciation 219,000 392,000 Accounts payable 62,400 64,800 2 Interest payable 4,990 6,069 3 Unearned revenue 12,400 9,680 4 Retained earnings 34,400 17,600 5 16 Additional information 17 18 1. The Accumulated Depreciation account has been credited for the depreciation expense for the period. 19 One asset was disposed of during the year. The original cost of the asset sold was $250,000. 20 The asset had a net book value of $50,000 on the date of sale. 21 22 23 24 25 The income statement for 2022 is as follows. 26 27 Sales (all on credit) 28 Cost of goods sold 29 Gross profit 425,000 (191,250) 233,750 30 31 Operating expenses 32 Depreciation expense (27,000) 33 Other operating expenses (86,500) 34 Operating income 120,250 35 36 Gain on sale of PPE 23,000 37 Interest expense (8.600) 38 Net income before taxes 134.650 39 40 41 45 46 47 Income tax expense Net income 42 Required: Calculate the following sections of the the Statement of Cash flow: 43 a) Cash flow from Operations using the indirect method 44 b) Cash flow form Investing (40,395) 94,255