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Carla Vista Technologies Ltd. (CVTL) is a privately held distributor of e-readers and tablets. The Calgary-based company is wcil established and is currently managed by

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Carla Vista Technologies Ltd. (CVTL) is a privately held distributor of e-readers and tablets. The Calgary-based company is wcil established and is currently managed by its founder, Erin Jacobs. The company's financial statements are presented below, together with some additional information. CARLA VISTA TECHNOLOGIES LTD. Other Selected Financial Information for the Year Ended December 31,2024 1. Total sales in 2024 were consistent with the prior year's, and the company's dividend policy has remained consistent for the past five years. 2. During 2024, CVTL sold a piece of equipment for $2,394,000. The equipment had originally cost $2,850,000 and had a net carrying amount of $1,710,000 at the time of sale. 3. On August 1, 2024, CVTLs board of directors approved the retirement of bonds with a carrying amount of $5,700.000 through the issuance of common shares. EVTL's management shareholders have asked you to prepare the statement of cash flows for CVTL using indirect method for etermining cash flows from operating activities. (Show amounts that decrease cosh flow with either a-sign es:-15,000 or in parenthesis S. (15,000)) CARLA VISTA TECHNOLOGIESLTD. Satement of Cash Flows, Indirect Method Supplemental Cash Flow information: Cash pald for interest 3 Cash paid for income tax 3

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