Prepare a cash flow statement for 2024 using the indirect method. Ivanhoe Corporation reports under ASPE. (Showamounts that decrease cash flow with elther a - signes. 15,000, or in parenthesis es. (15,000)). IVANHOE CORPORATION Cash Flow statement Vear Ended Decomber 31,2024 Adjustments to reconcile pront to Net Cash Provided by Operating Activities $ Ivanhoe Corporation's comparative balance sheet is presented below. IVANHOE CORPORATION Balance Sheet December 31 Assets Cash Accounts receivable Land Building Accumulated depreciation-building Total Liabilities and Shareholders' Equity Accounts payable Commonshares Retained earnings Total 2024 $15,730 23,320 22,000 77,000 $121,550(16,500)$132,110(11,000) $13,610$34,210 \begin{tabular}{rr} 82,500 & 75,900 \\ 25,440 & 22,000 \\ \hline$121,550 & $132,110 \\ \hline \end{tabular} Additional information: 1. Profit for the year was $24,890. Dividends declared and paid were $21,450. 2. No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $5,390, resulting in a loss of $1,210 on the sale of the land