question completion Status: QUESTIONS 16 points Save Answer The partial comparative balance sheets for Jackson Corporation are shown below December 31 2020 2019 Debits Inventory 8,000 14,000 Equipment 94,000 80,000 Credits Accumulated depreciation 24,000 22,000 Notes Payable 50,000 42,000 Dividends payable -0. 5,000 1. Net income for the year was $85.000 2. Equipment that had cost $15,000 and was 80 percent depreciated was sold for $4,700 3. A note payable was issued in the amount of $29,000 for equipment. Based on the above information, at the required entries for the operatit, nesting, and forcing section of statemmo caso the Indirect method Save Al Answers Save and Submit Click Save and Submit to save and submit Click Save All Ar to save all aners. Show All