Current Attempt in Progress The comparative statement of financial position of Ayayai Corporation as at December 31, 2023, follows: Net income of $36,000 was reported and dividends of $12,500 were declared and paid in 2023. New equipment was purchased, and equipment with a carrying value of $5,000 (cost of $11,500 and accumulated depreciation of $6,500 ) was sold for $7,500. Prepare a statement of cash flows using the indirect method for cash flows from operating activities. Assume that Ayayai prepares financial statements in accordance with ASPE. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) For the Year Ended December 31, 2023 Cash Flows from Operating Activities Net Income / (Loss) Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Expense