The question: Prepare Statement of Cash Flows. And I only want to know how to treat additional b, c

$ 378,000 PACIFIC CORPORATION Income Statement For the Year Ended December 31, 2018 Revenues Nest Sales Expenses Cost of goods sold $ Depreciation Expense - Equipment 145,000 Interest Expense 16,000 Insurance Expense 8,000 Salaries Expense 51,000 Total Expenses 34.000 Income from Operations Less: Loss on Sale of Equipment Net Income Additional information 254.000 124,000 3.000 $ 121.000 PACIFIC CORPORATION. Balance Sheet December 31, 2018 a. Cash dividends of $40,000 were declared and paid in December 2018 b. During 2018, the company made a $40,000 payment on its long-term notes payable. This payment included $8,000 of interest and a $32,000 principal payment. C. In February 2018, the company purchased equipment costing $31,000 by issuing a long-term note payable for that amount. d. In November 2018, the company sold some of its equipment for $25,000 cash. The equipment sold had an original cost of $40,000 and its accumulated depreciation balance through the date of sale was $12,000. A Loss on Sale of Equipment for $3,000 was recorded at the time this equipment was sold. (Note: this loss of $3,000 was determined as follows: loss on sale of equipment 3,000 = proceeds from sale of equipment 25,000 less book value of equipment sold 28,000 [book value = cost 40,000 - accumulated depreciation 12,000]). e. In November 2018, the company issued bonds with a face value of $100,000 at 100 (e.g. the cash received for the bonds was $100,000). 2018 2017 $ 796,000 19,000 1. 65,000 $ 519,000 27,000 12,000 111,000 135,000 (76.000) 940.000 144,000 (72.000) $ 741.000 Assets Current Assets Cash Account Receivable surance Inventory Property, Plant, and Equipment Equipment Less: Accumulated depreciation - Equipment Total Assets Liabilities and Stockholders' Equity Current Liabilities Account Payable Unearned Rent Revenue Long-term Liabilities Bonds Payable Notes Payable Stockholder's Equity Common Stock Paid-in Capital Retained Earnings Total liabilities and stockholders' equity $ $ 78,000 73,000 24,000 100,000 239,000 240,000 94,000 112,000 298,000 $ 940.000 94,000 112,000 217.000 $ 741.000