Blossom's Custom Clothing Ltd. (BCC) sells branded clothing to resorts and corporations. The company's comparative financial thatamante ara nracantad halnuer Shareholders' equity Common shares BLOSSOM'S CUSTOM CLOTHING LTD. INCOME STATEMENT For the Years Ended December 31 Expenses Salaries expense 116,000108,000 Interest expense 5,0002,100 Otherexpenses7,7005,700 Depreciation expense Total expenses Operating income Loss on disposal of equipment 4,8001,100 Income tax expense Net income $74,92526,575$68,70018,500 Following is additional information concerning BCC's transactions during the year ended December 31,2023 : - Equipment costing $37,000 was purchased by paying $24,000 cash and issuing 400 common shares. - Equipment costing $73,000 that was purchased at the beginning of 2022 was sold at the end of 2023 for $39,000. Straightline depreciation had been used with an expected asset life of 5 years and a residual value of $0. - The "other expenses" relate to prepaid items. - In order to supplement its cash, BCC increased its bank loan by $28,000. - Cash dividends of $11,625 were paid at the end of the fiscal year. - Cost of sales includes $176,000 of direct labour costs. Prepare a statement of cash flows for BCC for the year ended December 31,2023 , using the indirect method. BCC follows ASPE. (Show amounts that decrease cash flow with either a negative sign e.g. 15,000 or in parenthesis e.g. (15,000).) Non-cash investing and financing activities