please use all the box and answer the small question below the cash flow statement

Cullumber Adventures Ltd. (CAL) is a Canadian manufacturer of Class B motorhomes, The company has been experiencing exponential growth and is preparing to raise additional capital to fund its growth. As the vicepresident of finance, you are tasked with preparing the statement of cash flows that is required as part of the loan application or a public offering. You have the statement of financial position and the statement of income to help you prepare the statement of cash flows. In addition, you also have the following information: 1. In October, CAL acquired land with a value of $223,600 by issuing common shares with an equivalent value. The land is to be used as a site for a new manufacturing facility CAL hopes to construct in the next year. 2. In February, CAL sold equipment for $9,400 cash. The equipment had originally cost $223,600 and had a net carrying amount of $28,700 at the time of sale. 3. During the year, the company borrowed $24,600 by increasing its bank loan payable. Liabilities and shareholders' equity Current liabilities \begin{tabular}{lrrr} \hline Accounts payable & $207,000 & $60,100 \\ Dividends payable & 73,000 & 55,100 \\ \cline { 2 - 2 } Total current liabilities & 280,000 & 115,200 \\ Bank loan payable & 183,200 & 182,600 \\ Common shares & 594,700 & 371,100 \\ & 423,900 & 102,800 \\ \hline Retained earnings & $1,481,800 & $771,700 \\ \hline \hline \end{tabular} CULLUMBER ADVENTURES LTD. Statement of Income For the year ended March 31, 2024 \begin{tabular}{lr} Sales revenue & $1,850,000 \\ Cost of goods sold & 976,000 \\ \cline { 2 - 2 } Gross margin & 874,000 \end{tabular} Expenses \begin{tabular}{lrr} \hline Advertising expense & $51,500 \\ \hline Wages expense & 253,900 \\ \hline Utilities expense & 23,200 \\ \hline Depreciation expense & 126,450 & \\ \hline Rent expenses & 45,200 & $500,250 \\ \cline { 2 - 3 } Loss on sale of equipment & & 19,300 \\ \hline Net income & & $354,450 \\ \hline \end{tabular} Using the information above, prepare the statement of cash flows for Cullumber Adventures Ltd. for the year ended March 31, 2024, using the indirect method. (Show amounts that decrease cash flow with Non-cash investing and financing activities: During the year, land with a value of $ was acquired by issuing common shares of the same value. eTextbook and Media