Question: Using the above information, I need help with computations 3 and 4. begin{tabular}{|c|r|} hline Other Information pertaining to 2023: & hline Cash receipts form





Using the above information, I need help with computations 3 and 4.
\begin{tabular}{|c|r|} \hline Other Information pertaining to 2023: & \\ \hline Cash receipts form selling an aging Plant Asset & 50,000 \\ \hline Amount of depreciation on the Plant Asset that was sold & 20,000 \\ \hline Issued Common stock 3000 shares of no-par selling for $40/sh & 120,000 \\ \hline Paid Dividends & 10,000 \\ \hline Paid Long-term Notes Off & 10,000 \\ \hline Sold Treasury stock 5000 shs @ of no par selling for $40 & 20,000 \\ \hline Purchased Plant assets & 310,000 \\ \hline Received Cash from issuing new Noted Payable & 90,000 \\ \hline \end{tabular} Using the Indirect Method, Complete the Statement of Cashflow for 21/31/21 Note Use the excel template below and remember that cash outflow must be put in as a negative number Computation \#3 Compute the gain/Loss of the Asset Sold Computation \#4 Reconcile the Balance of the Depreciation Account \begin{tabular}{|c|r|} \hline Other Information pertaining to 2023: & \\ \hline Cash receipts form selling an aging Plant Asset & 50,000 \\ \hline Amount of depreciation on the Plant Asset that was sold & 20,000 \\ \hline Issued Common stock 3000 shares of no-par selling for $40/sh & 120,000 \\ \hline Paid Dividends & 10,000 \\ \hline Paid Long-term Notes Off & 10,000 \\ \hline Sold Treasury stock 5000 shs @ of no par selling for $40 & 20,000 \\ \hline Purchased Plant assets & 310,000 \\ \hline Received Cash from issuing new Noted Payable & 90,000 \\ \hline \end{tabular} Using the Indirect Method, Complete the Statement of Cashflow for 21/31/21 Note Use the excel template below and remember that cash outflow must be put in as a negative number Computation \#3 Compute the gain/Loss of the Asset Sold Computation \#4 Reconcile the Balance of the Depreciation Account
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