2. Prepare a statement of cash flows, using direct and indirect methods. ( Below is information relating to Nikola's Painting and Decorating Pty Ltd for the year ended 30 June 2022. Additional information: 1. New equipment was purchased for cash during the year. 2. Equipment costing $47 000 was sold for cash during the year. 4. A cash dividend was declared and paid during the year. 5. Accounts payable pertain to inventory creditors. Required (a) Prepare a statement of cash flows using the direct method.Nikola's painting and decorating Pty Ltd Statement of Cash Flows for the year ended 30 June 2022 Cash flows from operating activities: Cash receipts from customers $267,700 (1) Cash payments: To suppliers $114,290 (2) For operating expenses 21,400 (3) For income taxes 7,270 For interest 2,940 (145,900) Net cash provided by operating activities $121,800 Cash flows from investing activities: Sale of investments 2,500 Sale of plant and equipment 15,550 Purchase of plant and equipment (92,000) Net cash used by investing activities (73,950) Cash flows from financing activities: Issue of shares 50,000 Issuance of debentures 30,000 Payment of cash dividends (78,400) Net cash provided by financing activities 1,600 Net increase in cash 49,450 Cash at beginning of period 47,250 Cash at end of period $96,700 help me to find how do you calculate sale of equipment 15550