tableGross Profit,$tableGross ProfitOperating Expenses:tableOperating Expenses:Depreciation Expense$tableDepreciarrorating ExpensesOther Operating$tableOther Uperating from Operations$tableIncome from OperationsOther Revenues and Expenses:tableOther Revenues and Expenses:Interest ExpensetableGain on Sale of Equipment$tableGain on Sale of EquipmentIncome before Income Tax$tableIncome betore income FaxIncome Tax Expense$Net Income,$
tableEquipment with a book value of $ was sold for $ cash. Accumulateddepreciation on the equipment was $tabledepreciation on the equipment was $Bonds payable were retired by payment at their face amount.tableBonds payable were retired by payment at their tace amounted to $Cash dividends declared and paid during the year amt.All sales were on account.tablePrepare a statement of cash flows using the direct method for Delta Company for
