1 3.25 pts Rayon Company has the following balance sheets and income statements: 2 3 4 5 6 7 8 Cash Receivables Inventories Equipment Accumulated Depreciation 2022 $15,000 6,000 17,000 33,000 -8,000 $63,000 2021 $10,000 10,000 18,000 40,000 - 10,000 $68,000 COO 9 wN Accounts Payable Capital Stock Retained Earnings $10,000 20,000 33,000 $63,000 $15,000 16,000 37,000 $68,000 10 11 12 13 14 15 16 17 18 19 20 21 22 $110,000 Sales Cost of Sales Loss on sale of Assets Expenses Income 72,000 -2,000 16,000 90.000 $20,000 25 22 Depreciation expense for the year was $5,000. Equipment costing $15,000 and having a book value of $8,000 was sold 24 at a loss. Other equipment was purchased during the year, stock was issued for $4,000, and a dividend was paid. 26 in proper format, prepare using the indirect method a cash flow statement for 2022. 27 To accomplish this, copy the account worksheet to the right of the financial statements and conduct the Taccount indirect method. 28 When completed, prepare in proper format, the cash flow statement 29 30 31 32 33 34 35 36 37 38 39 40 Prove your cash from operations below using the Direct Method. 41 42