Additional information: Dividends on common shares in the amount of $4,500 were declared and paid during 2023. Dividends paid are treated as 1. financing activities. 2. Depreciation expense is included in operating expenses, as is salaries and wages expense of $69,500. 3. Equipment with a cost of $42,000 that was 70% depreciated was sold during 2023 . Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a negative sign e.g. 15,000 or in parenthesis e.g. (15,000). Cash Flows from Financing Activities Principal Payments on Long-Term Loans Dividends paid Net Cash Provided by Financing Activities Net Decrease in Cash Cash, January 1, 2023 Cash, December 31, 2023 Monty Inc., a greeting card company that follows ASPE, had the following statements prepared as at December 31,2023 : \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{MontyInc.ComparativeStatementofFinancialPositionDecember31} \\ \hline & 2023 & 2022 \\ \hline Cash & $45,790 & $25,180 \\ \hline Accounts receivable & 57,980 & 51,090 \\ \hline Inventory & 39,960 & 60,120 \\ \hline Prepaid rent & 5,110 & 4,050 \\ \hline Equipment & 163,760 & 130,180 \\ \hline Accumulated depreciation-equipment & (35,110) & (25,050) \\ \hline Goodwill & 20,000 & 56,000 \\ \hline Total assets & $297,490 & $301,570 \\ \hline Accounts payable & $46,260 & $40,180 \\ \hline Income tax payable & 3,960 & 6,120 \\ \hline Salaries and wages payable & 8,180 & 4,180 \\ \hline Short-term loans payable & 7,980 & 10,090 \\ \hline Long-term loans payable & 60,000 & 75,000 \\ \hline Common shares & 130,000 & 130,000 \\ \hline Retained earnings & 41,110 & 36,000 \\ \hline Total liabilities and shareholders' equity & $297,490 & $301,570 \\ \hline \end{tabular} Monty Inc. Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2023 Net Income / (Loss) $ Adjustments to reconcile net income/loss to Cash Flows from Operating Activities Depreciation Expense $ Gain on Disposal of Equipment Impairment Loss, Goodwill Net Decrease in Cash Net Cash Provided by Operating Activities Cash Flows from Investing Activities Gain on Disposal of Equipment Purchase of Equipment Net Cash Provided by Imvesting Activities