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 2021 2020 Cash $ 16,800 $ 13,800 59.700 39,700 Accounts receivable Inventory 80,000 62,000 Prepaid expenses 7.500 5,300 224,000 Property, plant, and equipment Accumulated depreciation 259,500 (59.000) $ 364,500 (49,500) Total assets $ 295,300 Liabilities and Shareholders' Equity Accounts payable $ 40,300 $ 48,100 2.700 3,400 Interest payable 21,000 10,000 Income taxes payable Bonds payable 95,000 68,300 Common shares 95.000 79,000 110,500 86,500 Retained earnings Total liabilities and shareholders' equity $ 364,500 $ 295,300 Additional information: 22C + Exam 01:52:45 Question 12 of 14 > 12 Additional information 1 2 Net income for the focal year was $3.500 tawipment with an beieinal cent of 12 500 was told for $10,000 cash during 2001. The equipment was depreciated $10.000. This disposat resulted in a $12.500 Prepare the operating tivities section of a statement of cash flows using the Indirect format. (Show amounts that decrease conh flow with their os 15,000 or in wees (35000) Carla Vista Lid Statement of Cash Flows P SAN in n 0 01:52:31 Question 12 of 14 -/2 E Statement of Cash Flows Adjustments to reconcile net income to net cash provided by operating activities: $ C O 22"C Cloudy - ZAM 2001-00-12 MS E -/2 O 722C Couty BOLAN 2009-06-12