A comparative statement of financial position for Ayayai Corporation follows: Additional information:

Net income for the fiscal year ended December $31,2023,$ was $$14,060.$

In March $2023,$ a plot of land was purchased for future construction of a plant site. In November $2023,$ a different plot of land

that originally cost $$63,640$ was sold for proceeds of $$70,300.$

In April $2023,$ notes payable amounting to $$103,600$ were retired through the issuance of common shares. In December

$2023,$ notes payable amounting to $$18,500$ were issued for cash.

FV$-$OCl investments were purchased in July $2023$ for a cost of $$11,100.$ By December $31,2023,$ the fair value of Ayayai's

portfolio of $FV-$OCl investments decreased to $$46,620.$ No $FV-$OCl investments were sold in the year.

On December $31,2023,$ equipment with an original cost of $$29,600$ and accumulated depreciation to date of $$8,880$ was sold

for proceeds of $$15,540.$ No equipment was purchased in the year. $($a$)$

Prepare a statement of cash flows using the indirect method for cash flows from operating activities. $($Show amounts that decrease cash

flow with either $a-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

AYAYAI CORPORATION

Statement of Cash Flows

Adjustments to reconcile net income to

net cash used by operating activities: