a$.$ A $$43,600$ note payable is retired at its $$43,600$ carrying $($book$)$ value in exchange for cash.

b$.$ The only changes affecting retained earnings are net income and cash dividends paid.

c$.$ New equipment is acquired for $$74,600$ cash.

d$.$ Received cash for the sale of equipment that had cost $$65,600,$ yielding a $$3,700$ gain.

e$.$ Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement.

f$.$ All purchases and sales of inventory are on credit.

Using the direct method, prepare the statement of cash flows for the year ended June $30,2021.$

Note: Amounts to be deducted should be indicated with a minus sign.

$\backslash$table$[[$IKIBAN$,$ INCORPORATED$],[$Statement of Cash Flows $($Direct Method$)],[$For Year Ended June $30,2021],[$Cash flows from operating activities$],[$r$],[,,],[,,],[,,],[\backslash$rangle$],[$F$],[$Cash flows from investing activities$],[,,],[,,],[,,],[,,],[$Cash flows from financing activities$],[$P$],[7],[\backslash$rangle$],[$Y$],[,,],[$Net increase $($decrease$)$ in cash$],[$Cash balance at prior year$-$end$],[$Cash balance at current year$-$end,,$]]$The following financial statements and additional information are reported.