Question: Please help to prepare the operating activities section of a statement of cash flow using the indirect method. Thanks a lot! Sheffield Ltd. had the

Please help to prepare the operating activities section of a statement of cash flow using the indirect method. Thanks a lot!

Sheffield Ltd. had the following comparative statement of financial position: Additional information: - Net income for the fiscal year was $15,850. - Equipment that cost $11,750 was sold for a gain of $1,175 during 2023 . The equipment's accumulated depreciation was $8,225. Prepare the operating activities section of a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a sign eg. 15,000 or in parenthesis eg. (15,000)

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