Information from the balance sheet and income statement is given below for Blue Spruce Inc., a private company reporting under ASPE, for the year ended December 31 . Common shares Revenues Sales Gain on disposal of equipment $476,00014,000490,000 Expenses Cost of goods sold $159,135 Depreciation expense 93,920 Operating expenses 23,470 Income tax expense 62,400 Interest expense Profit for the year Additional information: 1. Investments in land were sold at cost during 2024. 2. Equipment costing $89,600 was sold for $24,880, resulting in a gain. 3. Common shares were issued in exchange for some equipment during the year. No other shares were issued. 4. The remaining purchases of equipment were paid for in cash. Prepare a cash flow statement for the year ended December 31, 2024, using the indirect method. (Show amounts that decrease cash flow with either a-sign e. . 15,000 or in parenthesis eg. (15,000) ) Note X: Significant noncash investing and financing activities: Equipment with a cost of $ was purchased in exchange for common shares