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Prepare the cash flow statement for 2021:

Sol Corporation Income Statement For the year ended Dec. 31 2021 Sales Cost of Goods sold Gross Profit Operatng expenses Depreciation expense Income from operarion Other income and expense Interest expense Loss on disposal of equipment Gain on sales of investment Net Income 4 376 000 2 896 000 1 480 000 948 900 65 000 466 100 47 000 2 000 24 000 441 100 Current Assets Cash Accounts receivable Inventory Prepaid expenses Non-Current Assets Investment Equipment Less: Accumulated Depreciarion Land Total Assets Current Liabilities Accounts payable Wages payable Other accrued expenses SolCorporation Balance Sheet As of December 31 2021 347 700 297 000 178 000 38 900 0 512 000 (282 000) 120 000 1211 600 191 000 78 500 36 000 2020 240 000 278 000 145 000 45 000 70 000 470 000 (235 000) 0 1 013 000 252 000 68 000 48 000 Change 19 000 33 000 -6 100 -61 000 10 500 -12 000 Non-Current Liabilites Bond payable Total Liabilities Share Capital - Ordinary Retained earnings Total equity Total Liabilities and Equity 100 000 405 500 400 000 406 100 806 100 1 211 600 150 000 518 000 350 000 145 000 495 000 1 013 000 Other Information. 1. Investment was sold at $94,000 cash with $24,000 gain 2. Current portion of the long term bond payable, $50,000 was paid in cash during the year 3. Annual depreciation on equipment was $65,000 4. Land was acquired by paying $120,000 cash 5. New equipment was purchased with cash $68,000 6. Equipment with book value of $8,000 (cost: 26000, accumulated depreciation 18000) was sold with $6,000 cash at a loss of 2,000 6. New shares were issued at $50,000 cash 7. Cash dividends of $180,000 was paid on December 15 Please prepare cash flow statement for 2021

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