The records of Koop Co. provided the following information for the year ended 31 December 20X8: Statement of Comprehensive Income For year ended 31 December 20X8 Sales revenue $ 393,600 Cost of goods sold (286,500 ) Depreciation expense (22,000 ) Insurance expense (2,200 ) Interest expense (4,400 ) Salaries and wages expense (26,400 ) Remaining expenses (28,600 ) Loss on sale of equipment (4,400 ) Income tax expense (18,800 ) Net earnings and comprehensive income $ 300 Statement of Financial Position As of 31 December 20X8 20X7 Cash $ 134,200 $ 74,300 Accounts receivable 68,200 60,600 Inventory 34,200 21,100 Prepaid interest 2,900 5,100 Buildings and equipment 167,800 165,100 Accumulated depreciation (43,500 ) (42,600 ) Land 168,000 85,400 Total $ 531,800 $ 369,000 Accounts payable $ 43,600 $ 38,200 Wages payable 4,400 8,500 Income tax payable 12,200 Notes payable, long-term 124,200 63,900 Common shares 317,200 213,100 Retained earnings 30,200 45,300 Total $ 531,800 $ 369,000 Additional information: Sold equipment for cash (cost, $31,700 accumulated depreciation, $21,100). Purchased land, $42,000 cash. Acquired land for $40,600 and issued common shares as payment in full. Acquired equipment, cost $34,400 issued a $34,400, three-year, interest-bearing note payable. Required: Prepare the SCF, using the two-step indirect method. Analyze every account to ensure all changes are included. Assume unexplained changes are from logical sources. (Deductible amounts and Cash outflows should be indicated with minus sign.) Following is a list of non-cash transaction to be disclosed. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) check all that apply Land of $40,600 acquired for common shares.unanswered Equipment of $34,400 acquired for note payable.unanswered Land of $34,400 acquired for common shares.unanswered Equipment of $40,600 acquired for note payable.unanswered Prepare separate disclosure of cash paid for interest and income tax, as is required by ASPE. (Deductible amounts and Cash outflows should be indicated with minus sign.)