1. Netincome was $11,000. 2. Trading irvestments consist of term deposits, which are shol-term, highly liquid debt investments maturing, in this case, in 60 . days. 3. A loss of $25.000 was recorded on the disposal of a small parcel of land. No land was purchased during the year. 4. A gain on disposal of $18.000 was recorded wtien an old building was sold for $45,000 cash A new building was purchased for $525,000 and depreciation expense on buildings for the year was $45,000 5. Equipment costing $72,000 was purchased while a loss of $13.000 was recorded on equipment that originally cost $45,000 and was sold for $25,000. 6. The company received $513.000 from new bank loans during the year 7. Dlvidends were declared and paid during the year. 8. No common shares were issued during the year, but some were bought back and retired at the amount they were originally Prepare the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sian eg - 15,000 or in parentheds es (15,000)