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6) You have been provided with an income statement and comparative balance sheets for Secret...

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Accounting

image 6) You have been provided with an income statement and comparative balance sheets for Secret Beach Ltd. You are also given the following extra information: - Equipment with a carrying amount of $20,000 was sold for $28,000 during 2022. - Equipment was purchased during the year (HINT: create a T-account to determine the amount) Required (18 marks): Prepare a complete statement of cash flows for the year ended December 31, 2022, for Secret Beach Ltd. using the indirect method for the operating section of the statement. Secret Beach Ltd. Comparative Balance Sheet as at December 31, 2022 and 2021

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