Given the following information for Grumpy Cat Incorporated, prepare their statement of cash flows for December $31,2023$ under ASPE.

$20232022$

Cash $375,000250,000$

Accounts receivable $85,00075,000$

Interest receivable $5,0006,000$

Inventory $80,00095,000$

Prepaid Expenses $48,00010,000$

Non$-$current $-$ Note $90,000125,000$

Property, plant and Equipment $($net of depreciation$)325,000330,000$

Accounts payable $33,00020,000$

Accrued liabilities $45,00056,000$

Common Shares $825,000755,000$

Retained Earnings $105,00060,000$

Net income $50,000$

Depreciation expense $2,000$

Gain on sale of property $1,500$