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Prepare the statement of cash flows using the indirect method. (Show amounts thot decrease cash flow with either a - sagn es - 15.000 or in parenthedses (15,000) ) Additional information regarding 2021 . 1. Net income was $11,000. 2. Trading investments consist of term deposits, which are sholk-term, highly liquid debt investments maturing in this case, in 60 3. A loss of $25,000 was recorded on the disposal of a small parcel of land. No land was purchased during the year, 4. A gain on disposal of $18,000 was recorded when an old bulding was sold for $45,000 cash. A new bulding was purchased for $525,000 and depreciation expense on buildings for the year was $45,000. 5. Equipment costing $72,000 was purchased while a loss of $13,000 was recorded on equipment that originally cost $45,000. and was sold for $25,000. 6. The company received $513,000 from new bank loans during the year. 7. Dividends were declared and paid during the year. 8. No common shares were issued during the year, but some were bought back and retired at the amount they were originally issued at. Prepare the statement of cash flows using the indirect method. (Show amounts thot decrease cash flow with either a - sign eg - 15 , oo0 or in parmatheis eg (15,000) Prepare the statement of cash flows using the indirect method. (Show amounts thot decrease cash flow with either a - sagn es - 15.000 or in parenthedses (15,000) ) Additional information regarding 2021 . 1. Net income was $11,000. 2. Trading investments consist of term deposits, which are sholk-term, highly liquid debt investments maturing in this case, in 60 3. A loss of $25,000 was recorded on the disposal of a small parcel of land. No land was purchased during the year, 4. A gain on disposal of $18,000 was recorded when an old bulding was sold for $45,000 cash. A new bulding was purchased for $525,000 and depreciation expense on buildings for the year was $45,000. 5. Equipment costing $72,000 was purchased while a loss of $13,000 was recorded on equipment that originally cost $45,000. and was sold for $25,000. 6. The company received $513,000 from new bank loans during the year. 7. Dividends were declared and paid during the year. 8. No common shares were issued during the year, but some were bought back and retired at the amount they were originally issued at. Prepare the statement of cash flows using the indirect method. (Show amounts thot decrease cash flow with either a - sign eg - 15 , oo0 or in parmatheis eg (15,000)

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