2021 30. The financial statements of Peanut Limited appear below: PEANUT LIMITED Comparative Statement of Financial Position December 31 2022 Assets Cash S 59.000 Accounts receivable 31,000 Inventory 20,000 Property, plant, and equipment 50.000 Accumulated depreciation (20.000 Total $140.000 S 23,000 34,000 15.000 78,000 (24,000) $126.000 Liabilities and Shareholders' Equity Accounts payable Income taxes payable Mortgage notes payable Common shares Retained earnings Total S 15.000 13.000 -9.000 39.000 64000 S140,000 S 23.000 8.000 33.000 24.000 38.000 $126.000 PEANUT LIMITED PEANUT LIMITED Statement of Earnings Year Ended December 31, 2022 Sales Cost of goods sold Gross profit N Operating expenses Earnings from operations Interest expense Earnings before income taxes Income tax expense Net earnings $380.000 290,000 90,000 36,000 54,000 4.000 50,000 10.000 $ 40.000 The following additional data were provided: 1) Dividends were declared and paid in 2022 2) During the year, equipment was sold for $12,000 cash. This equipment cost $28.000 originally and had a carrying amount of S12.000 at the time of sale. 3) Depreciation expense included in operating expenses. 4) All sales and purchases are on account. 5) Accounts payable pertain to merchandise suppliers, Instructions Prepare a cash flow statement for PEANUT Limited using the indirect method. (25 marks)