The following three accounts appear in the general ledger of Bonita Corp. during 2022. Date Jan. 1 Balance July 31 Purchase of equipment Sept. 2 Purchase of equipment Nov. 10 Cost of equipment sold Equipment Debit Credit Balance 159,000 68,100 227,100 52,900 280,000 48,200 231,800 Accumulated Depreciation-Equipment Date Debit Credit Balance Jan. 1 Balance 71,200 Nov. 10 Accumulated depreciation on equipment sold 17.000 54,200 Dec. 31 Depreciation for year 24,000 78,200 Retained Earnings Date Debit Credit Balance Jan. 1 Balance 104,900 Aug 23 Dividends (cash dividends declared and paid) 16,400 88,500 Dec. 31 Net income 68.000 156,500 BONITA CORP Partial Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Loss on Disposal of Plant Assets Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment Sale of Equipment Net Cash Provided by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends Net Cash Provided by Operating Activities 25000 5200 12300 5 66100 30200 96300