3. The following financial statements were drawn from the records of Catatonic Ltd.: Additional Data A. During Year 2, Carbonic sold equipment for $9,000 cash; it had originally cost $23,500. Accumulated depreciation on this equipment was $13,500 at the time of the sale. Also, the company purchased equipment for $5,500cash. B. Carbonic sold for cash land that had cost $9,000. Catatonic paid $5,000 in cash and issued $12,000 of common stock in exchange for land valued at $17,000 at the time of exchange. C. Paid dividends of $6,900. Required: 1. Prepare a statement of cash flows using the indirect method