Carla Vista Ltd., which follows ASPE, had the following comparative Statement of Financial Position: Carla Vista Ltd. Comparative Statement of Financial Position March 31 Assets 2020 2021 $ 19,380 68,400 95,760 6,840 285,000 $ 13,680 45,600 79,800 4,560 239,400 (54,720) $ 328,320 (68,400) $ 406,980 Cash Accounts receivable Inventory Prepaid expenses Property, plant, and equipment Accumulated depreciation Total assets Liabilities and Shareholders' Equity Accounts payable Interest payable Income taxes payable Bonds payable Common shares Retained earnings $ 39,900 3,420 25,080 102,600 $ 45,600 4,560 13,680 72,960 91,200 100,320 108,300 127,680 Additional information: 1. Net income for the fiscal year was $43,320. 2. Equipment with an original cost of $34,200 was sold for $13,680 cash during 2021. The equipment was depreciated $13,680. This disposal resulted in a $6,840 loss. 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. (15,000).) Carla Vista Ltd. Statement of Cash Flows For the Year Ended March 31, 2021 Cash Flows from Operating Activities Net Income / (Loss) $ 43320 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Expense