3 The comparative statement of financial position of Pronghorn Corporation as at December 31, 2023, follows: Assets Cash Accounts receivable Equipment Less: Accumulated depreciation Total PRONGHORN CORPORATION Statement of Financial Position December 31 Liabilities and Shareholders' Equity Accounts payable Common shares Retained earnings Total 2023 December 31 $52,000 89,600 27,800 (10,200) $159,200 $20,100 100,000 39,100 $159,200 2022 $9,300 88,500 22,300 (10,500) $109,600 $16,000 79,300 14,300 $109,600 4

The comparative statement of financial position of Pronghorn Corporatiog as at December 31, 2023, follows: Net income of $37,800 was reported and dividends of $13,000 were declared and paid in 2023 . New equipment was purchased, and equipment with a carrying value of $4,300 (cost of $11,800 and accumulated depreciation of $7,500) was sold for $8,500. Prepare a statement of cash flows using the indirect method for cash flows from operating activities. Assume that Pronghorn prepares financial statements in accordance with ASPE. (Show amounts thot decrease cash flow with either a - signe.s. 15,000 or in parenthesis es. (15,000)