Question: please solve ASAP Current Attempt in Progress Sandhill Ltd . , which follows ASPE, had the following comparative Statement of Financial Position: Additional information: Net

please solve ASAP Current Attempt in Progress
Sandhill Ltd., which follows ASPE, had the following comparative Statement of Financial Position:
Additional information:
Net income for the fiscal year was $37.500.
Equipment with an original cost of $25,000 and accumulated depreciation of $10,000 was sold for $10,000 cash during 2024.
This disposal resulted in a $5,000 loss. Prepare the operating activities section of a statement of cash flows using the indirect format. (Show amounts that decrease cash flow
with either a - sign e.g.-15,000 or in parenthesis eg.(15,000).)
Sandhill Ltd.
Statement of Cash Flows (Partial)
For the Year Ended March 31,2024
Cash Flows from Operating Activitles
Net Income /(Loss)
Adjustments to reconcile net income to
net cash provided by operating activities:
Loss on Disposal of Equipment
Increase In Accounts Recelvable
Increase in Frepald Expenses
Decrease In Accounts Payable
Decrease in Interest Payable
Increase In Income Taxes Payable
please solve ASAP Current Attempt in Progress

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