Crane Ltd$.,$ which follows ASPE had the following comparative statement of financial position: Additional information:

$,$ Net income for the fiscal year was $$53,500.$

$,$ Equipment that cost $$40,600$ and was $70\%$ depreciated was sold during $2024,$ for a gain of $$3,500.$

No patents were purchased or sold during the fiscal year.

$,$ The current Notes Payable are trade payables issued by Crane Ltd$.$ for the purchase of inventory.

Prepare the operating activities section of a 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$.(15,000).)$

How to calculate depreciation expense in operaing activies?