Please answer #1a-f and #2a-c! Also in 2nd photo, please answer Requried #1-2 . Then in 3rd photo, please answer 6-16

shares of its $5 par value common stock and 500,000 shares of its $10 par value 6% preferred stock. The company had $380,000 in the Retained Earnings account throughout the year. Assume that Petit Company had the following transactions during the year 2022. Hint: Refer to the following problems on the Chapter 11 Class slides to assist you with this problem: BE11-2 (slides 15 \& 16), BE 11-5 (slides 24 \& 25), BE 11-6 (slides 29 \& 30), BE 11-9 (Slides 33-35) a. Issued 300,000 shares of common stock for $30 per share b. Issued 100,000 shares of preferred stock for $50 per shar c. Reacquired 100,000 shares of $5 common stock at $25 per shares. (This means we repurchased some of the shares issued in transaction "a" above). d. Sold 40,000 shares from treasury for $27 per share e. Sold 20,000 shares from treasury for $23 per share f. Sold 15,000 shares for $20 per share 2. On November 5,2022, Petit Company declared a $10,000 cash dividend to shareholders of record as of November 16. The dividend is paid on December 1. Prepare the journal entries (if applicable) for the following dates below. Refer to Chapter 11 Chat slides B11-7 (slides 37 \& 38) to assist you. a. November 5 b. November 16 c. December 1 Additional information: 1. No equipment was sold throughout the year, so the change in accumulated depreciation is a result of depreciation expense for the year. 2. Common Stock was issued for cash. 3. Equipment was purchased with cash. Required: 1. Prepare a FULL statement of cash flows for the year 2022, including the Operating, Investing and Financing sections, assuming that Kostas Company uses the INDIRECT method. 2. Can a company have a positive cash flow and negative income? What about positive income and negative cash flow? Explain your