Complete a statement of cash flows using the direct method Use the attached comparative balance sheet income statement and the following notations

A. Sold equipment for 25,000 cash

b. Purchased equipment costing $100,000 with 25,000 cash and $75,000 trade in of old equipment

C. Borrowed $4,000 cash by signing a note payable

D. Paid $41,000 cash to reduce long-term notes payable

E. Issued 1,000 shares of common stock at $10, per share

F. Declared and paid $7,000 cash dividends