$\backslash$table$[[\backslash$table$[[$Interest expense$],[$Loss on sale of equipment$]],\backslash$table$[[$$$20,900],[4,100]],25,000],[$Income before tax,,$119,700],[$Income tax expense,,$39,700],[$Net income,,$$80,000]]$

$-14$

Additional information:

Dividends in the amount of $$20,000$ were declared and paid during $2025.$

Depreciation expense and amortization expense are included in operating expenses.

Equipment that had a cost of $$25,000$ and was $20\%$ depreciated was sold during $2025.$

Prepare a statement of cash flows using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$