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A comparative statement of financial position for Bramble Industries Inc. follows: Additional informationc 1. Net income for the fiscal year ended December 31,2023 , was

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A comparative statement of financial position for Bramble Industries Inc. follows: Additional informationc 1. Net income for the fiscal year ended December 31,2023 , was $132,000. 2. Cash dividends of $61,500 were declared and paid. Dividends paid are treated as financing activities. 3. Bonds payable amounting to $51,000 were retired through the issuance of common shares. 4. Land was sold at a gain of $6,000. 5. No equipment was sold during the year. (a) Prepare a statement of cash flows using the indirect method, (Show omounts thot decrease cash flow using either a negotive sign preceding the number eg - 45 or parentheses eg. ( 4 Adjustments to reconcile net income to net cash provided by operating activities: $ Question 3 of 5

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