Additional information regarding LAG Network Inc.$$s activities during $2023$:

Equipment is purchased for $$8,800$ cash.

$1,200$ common shares are issued for cash at $$2\mathrm{.}50$ per share.

Declared and paid $$41,800$ of cash dividends during the year.

Required:

Prepare a statement of cash flows for $2023$ that reports the cash inflows and outflows from operating activities according to the indirect method. $($List any deduction in cash and cash outflows as negative amounts.$)$