5-3 Preparing a Statement of Cash Flows (Indirect Method) LO5-2, 5-7 The comparative statements of financial position of Mikos inc, as at December 31,2020 and 2021 and its statement of earnings for the year ended December 31, 2021 are presented below: Additional information is as follows. a. Land was sosd for cash at its carrying ampunt. b. The short-term investments wit mature in February 2022. c. Cash dividends were deciared and paild in 2021 . d. New equipment with a cost of $166.200 was purchased for cash, and old equipment was sold at its carrying amount. e. Long term notes of 511,000 were paid in cash, and notes of $31,000 were converted to shares. Additional information is as follows: a. Land was sold for cash at its carrying amount. b. The short-term investments will mature in February 2022. c. Cash dividends were declared and paid in 2021. d. New equipment with a cost of $166,200 was purchased for cash, and old equipment was sold at its carrying amount. e. Long-term notes of $11,000 were paid in cash, and notes of $31,000 were converted to shares. Required: 1. Prepare a statement of cash flows for Mikos inc. for the year ended December 31,2021 by using the indirect method. (Negative answers should be indieated by a minus sign.)