Concord Inc., a retailer of garden tools that follows ASPE, had the following statements prepared as of December 31, 2023: \begin{tabular}{llll} Retained earnings & 46,300 & & 40,400 \\ Total liabilities and shareholders' equity & $291,200 & & $281,100 \\ \hline \end{tabular} CONCORD Inc. Income Statement Year Ended December 31, 2023 \begin{tabular}{|c|c|c|} \hline Sales revenue & & $376,000 \\ \hline Cost of goods sold & & 215,000 \\ \hline Gross margin & & 161,000 \\ \hline Operating expenses & & 118,800 \\ \hline Operating income & & 42,200 \\ \hline Interest expense & $12,600 & \\ \hline Gain on disposal of equipment & (2,900) & 9,700 \\ \hline Income before income tax & & 32,500 \\ \hline Income tax expense & & 15,600 \\ \hline Net income & & $16,900 \\ \hline \end{tabular} Additional information: Additional information: 1. Dividends on common shares in the amount of $11,000 were declared and paid during 2023. 2. Depreciation expense of $20,300 is included in operating expenses. 3. Equipment with a cost of $21,000 that was 70% depreciated was sold during 2023 . (a) Prepare a statement of cash flows using the direct method. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15,000).) Cash Paid to Suppliers for Goods Cash Paid for Taxes Cash Paid for Interest Cash Paid for Other Operating Expenses $