Question: please answer clearly with good working i will leave a thumbs up :) The following information was obtained from the accounting records and financial statements

The following information was obtained from the accounting records and financial statements of Sun \& Fun Corporation, a wholesaler that specializes in selling printers for computers. Additional information i. Sun \& Fun sold display machinery and equipment that had an original cost of $80,000 and net book value of $60,000. There were no purchases of machinery and equipment. ii. Depreciation expense is included as part of SUN's "other expenses." iii. Sun \& Fun declared and paid cash dividends on November 1, 2018. iv. Sun \& Fun's investment in associate represents an investment in 30% of the shares of Moon made several years ago. Moon has never paid dividends. v. Sun \& Fun has assessed goodwill for impairment since it was recorded in 2016. During 2018 , Sun \& Fun determined that the fair value of goodwill had decreased by $50,000. Required a) Prepare the cash flow statement, using the indirect method, for SUN for the year ended November 30, 2018. [15 Marks] The trial balance before adjustment of Sandel Corporation reports the following balances: Required a) Prepare the entries to record bad debt expense if doubtful accounts are estimated to be (i) 6% of gross accounts receivable and (ii) 1% of net sales. [3 Marks] Assume that all the information above is the same, except that the Allowance for Doubtful Accounts has a debit balance of $2,500 instead of a credit balance. How will this difference affect the journal entries in part (a)? [2 Marks]
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