Use the following Comparative Balance Sheet, Income Statement, and additional information toprepare a statement of cash flows of Dragon ltd. using the indirect method.

Additional information (all amounts in thousands of NT$):

1. Operating expenses include depreciation expense of NT$33,000.

2. Equipment with a cost of NT$41,000 and a book value of NT$36,000 was sold for NT$34,000cash.

3. Land was sold at its book value for cash

.4. Interest expense of NT$12,000 was paid in cash

.5. Equipment with a cost of NT$166,000 was purchased for cash.

6. Bonds of NT$10,000 were redeemed at their face value for cash.

7. Ordinary shares (NT$1 par) of NT$130,000 were issued for cash.

8. Cash dividends of NT$55,000 were declared and paid in 2020.

9. Ordinary shares of NT$30,000 were issued in exchange for land