Question: This is an ACCOUNTING question. Please answer the question in chart form. Thank you for your help! Exercise 1 2 - 1 2 ( Algo

 This is an ACCOUNTING question. Please answer the question in chart
This is an ACCOUNTING question. Please answer the question in chart form. Thank you for your help!
Exercise 12-12(Algo) Indirect: Preparing statement of cash flows
[The following information applies to the questions displayed below.]
The following financial statements and additional information are reported.
Additional Information
a. A $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash.
b. The only changes affecting retained earnings are net income and cash dividends paid.
c. New equipment is acquired for $63,600 cash.
d. Received cash for the sale of equipment that had cost $54,600, yielding a $2,600 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.
form. Thank you for your help! Exercise 12-12(Algo) Indirect: Preparing statement of

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