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 befone taxes Income taxes: Profit Assignt 10 points eBook Print References Required: Use the Western Environmental inc. Information given below to prepare a statement of cash flown for the year ended June 30.2022, using the direct method. (List any deduction in cash and cash outlows as negative amounts.) a. A note is retired at carrying value. b. The only changes affecting retained eamings during 2023 are proft and cist dividends paid. c. New equipment is acquired during 2023 for $75,200. d. The profit on sale of equipment costing $63,200 during 2023 is $4,000. e. Prepaid expenses and wages expense affect other expenses on the income statement. f. All sales and purchases of merchandise were on credit