Question: Please help me solve this problem, I will leave a like! The following financial statements and additional information are reported. Additional Informotion o. A $30,000

Please help me solve this problem, I will leave a like!  Please help me solve this problem, I will leave a like!
The following financial statements and additional information are reported. Additional Informotion o.
A $30,000 notes payable is retired at its $30.000 catyying (b00k) value
in exchange tor cash. b. The only changes affecting retained eamings are
net income and cash dividends paid. c. New equipment is acquired for

The following financial statements and additional information are reported. Additional Informotion o. A $30,000 notes payable is retired at its $30.000 catyying (b00k) value in exchange tor cash. b. The only changes affecting retained eamings are net income and cash dividends paid. c. New equipment is acquired for $80.600 cash. d. Recelved cash for the sale of equipment that had cost $11,600 yleiding a 54,300 gain. e. Prepaid Expenses and Wages Payable relate to Operating Expenses on the income statement. f. All purchases and sales of inventory are on credit Required: 1) Prepare a statement of cosh flows using the indirect method for the year ended June 30, 2021. (Amounts to be deducted should ge indicated with a minus sign.) (2) Compute the company's cash flow on total assets ratio for its liscal year 2021

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