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Required information Exercise 16-22B (Algo) Direct: Preparing statement of cash flows from Cash T-account LO P1, P3, P5 The following information applies to the questions displayed below] The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current yeat. Exercise 16-22B (Algo) Part 1 (1) Prepare a complete statement of cash flows for the current year using the direct method are a complete statement of cash flows for the current year using the direct method. mounts to be deducted should be indicated with a minus sign. Exercise 16-22B (Algo) Part 1 (1) Prepare a complete statement of cash flows for the current year using the direct method. Note: Amounts to be deducted should be indicated with a minus sign. Required information QS 16-13 (Algo) Computing cash from asset sales LO P3 Furniture costing $68,200 is sold at its book value in 2021 . Acquisitions of furniture total $53,700 cash, on which no depreciation is necessary because it is acquired at year-end. Complete the general fedger accounts to calculate cash received from the sale of furniture. Furniture costing $68,200 is sold at its book value in 2021 . Acquisitions of furniture total $53,700 cash, on which no depreciation is necessary because it is acquired at year-end. Complete the general ledger accounts to calculate cash received from the sale of furniture