Western Environmental Inc. Comparative Balance Sheet Information Western Environmental Inc. Income Statement For Year Ended June 30, 2023 Sales Cost of goods sold Gross profit Operating expenses: Depreciation expense Other expenses Total operating expenses Profit from operations Gain on sale of equipment Profit before taxes Income taxes Profit Required: Use the Western Environmental Inc. information given below to prepare a statement of cash flows for the year ended June 30, 2023, using the indirect method. (List any deduction in cash and cash outflows as negotive amounts.) a. A note is retired at carrying value. b. The only changes affecting retained earnings during 2023 are profit and cash dividends paid. c. New equipment is acquired during 2023 for $74.590. d. The profit on sale of equipment costing $62,590 during 2023 is $800. e. Prepaid expenses and wages expense affect other expenses on the income statement. f. All sales and purchases of merchandise were on credit