Concord Materials Ltd. is a family-run do-it-yourself building materials company located on Pelee Island, Ontario. The company produces high-quality building materials for do-it-yourselfers. The company's bookkeeper has gone on holiday and the company has brought you in to help it prepare its monthly financial statement package, which the bank requires as part of the terms of the loan financing. You have correctly completed the statement of financial position and the statement of income statement. You only have the statement of cash flows left to prepare based on the following Additional information: During fiscal year 2024 , Concord sold a piece of its equipment. The equipment sold had originally cost $160,360 and was sold for $32,460. (a) Using the information above, prepare Concord's statement of cash flows for the year ended December 31 , 2024 , using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).)