Adjustments to reconcile net income to Sunland Ltd$.,$ which follows ASPE had the following comparative statement of financial position: Additional information:

Net income was $$57,400.$

New equipment was purchased and none was sold.

Common shares were issued for cash.

Cash dividends were paid to common shareholders.

Prepare the statement of cash flows using the indirect format. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.-15,000$ or in

parenthesis e$.$g$.).)$

Sunland Ltd$.$

Statement of Cash Flows Adjustments to reconcile net income to

net cash provided by operating activities:

$

net cash provided by operating activities:

$