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SIMULATION (OPEN-ENDED) 16. (20 pts direct method SCF disposed of during 20x4. The rom the income statement and balance sheet information below, prepare the for 20x4. All amounts are in dollars. No equipment was accrued payables account is not used for income tax recognition. es for 20x4 Income statement for 20x4 heet a 10,000 increase Accounts receivable (6,000) decrease 8,000 increase 5,000 increase Retained earnings 7,000 increase 50,000 Service revenue 25,000) Operating expenses 10,000) Depreciation expense L5000) Income tax expense 0,000 Net income Cash Net equipment Accrued payables