Cullumber Corporation's comparative balance sheet is presented below. CULLUMBER CORPORATION Balance Sheet December 31 Assets 2021 2020 Cash $17,730 $13,260 Accounts receivable 26,290 29,020 Land 24,800 32,240 Buildings 86,800 86,800 Accumulated depreciation-buildings (18,600) (12,400) Total $137,020 $148,920 Liabilities and Shareholders' Equity Accounts payable $15,340 $38,560 Common shares 93,000 85,560 Retained earnings 28,680 24,800 Total $137,020 $148,920 Additional information: 1. 2. Profit was $28,060. Dividends declared and paid were $24,180. No noncash investing and financing activities occurred during 2021. The land was sold for cash of $6,080 resulting in a loss of $1,360 on the sale of the land. 3. Prepare a cash flow statement for 2021 using the indirect method. Lu Corporation reports under ASPE