Can you please help break down Part B. Thank you!

P23-2 (LO2,4) SCF-Indirect Method The comparative balance sheets for Hinckley Corporation show the following intormation: Additional data related to 2020 are as follows: 1. Equipment was sold. Selling price of equipment Portion depreciated at time of sale Cost of equipment sold \begin{tabular}{rr} 5 & 2.500 \\ 5 & 40% \\ \hline \end{tabular} 11.000 2. Portion of long-term note payable paid by issuing common stock. $10,000 3. Cash dividends paid 55,000 4. On January 1,2020 , the building was completely destroyed by a flood. 5. Investments (available-for-sale) were sold. Sales price above cost The company has made similar sales and investments in the past. 6. Cash of was paid for the acquisition of equlpment. 7. Long-term note was issued for the acquisition of equipment. 16,000 8. Amounts paid in cash Interest Income taxes 52,000 Instructions: Prepare a statement of cash flows using the indirect method. Flood damage is unusual and infrequont in that part of the country. Instructions: Prepare a statement of cash flows using the indirect method. Flood damage is unusual and infrequent in that part of the country. Supplemental disclosures of cash flow information: Noncash investing and financing activities Calculation of net income: Calculation of loss on sale: Calculation of depreciation expense: Calculation of equipment purchased for cash