Show Attempt History Current Attempt in Progress Your answer is partially correct. The following three accounts appear in the general ledger of Sunland Corp. during 2022. Equipment Date Debit Credit Balance Jan. 1 Balance 160,500 July 31 Purchase of equipment 71,900 232,400 Sept. 2 Purchase of equipment 51,100 283,500 Nov. 10 Cost of equipment sold 51,700 231,800 Accumulated Depreciation-Equipment Date Debit Credit Balance Jan. 1 Balance 69,100 Nov. 10 Accumulated depreciation on equipment sold 17,600 51,500 Dec. 31 Depreciation for year 23,300 74,800 Retained Earnings Date Debit Credit Balance Jan. 1 Balance 105,100 Aug. 23 Dividends (cash dividends declared and paid) 19,000 86,100 Dec. 31 Net income 67,000 153,100From the postings in the accounts, indicate how the information is reported on a statement of cash ows using the indi The loss on disposal of plant assets was $9,200. (Show amounts thatdecrease cash ow with eithera - sign 8.3. 45,000 or ii (15,000).) SUNLAND CORP Partial Statement of Cash Flows For the Year Ended December 31, 2022 V ' Cash Flows from Operating Activities V ' i Net Income V i $ 67000 Adjustments to reconcile net income to ' Net Cash Provided by Operating Activities V i ' Depreciation Expense V ' $ 23300 ' Loss on Disposal of Plant Assets V i 9200 32500 Net Cash Provided by Operating Activities V ' 99500 Cash Flows from Investing Activities V ' Purchase of Equipment V ' (123000) Sale of Equipment V ' (26400) Net Cash Used by Investing Activities V ' 149400 Cash Flows from Financing Activities V ' Cash Flows from Financing Activities Payment of Cash Dividends (19000) Net Cash Used by Financing Activities (19000)