Cullumber Ltd., which follows ASPE, had the following comparative Statement of Financial Position: Cullumber Ltd. Comparative Statement of Financial Position March 31 Assets Cash Accounts receivable Inventory Prepaid expenses Property, plant, and equipment Accumulated depreciation Total assets Liabilities and Shareholders' Equity 2021 2020 $ 21,080 $ 14,880 74,400 49,600 104,160 86,800 7,440 4,960 310,000 (74,400 ) 260,400 (59,520 ) $ 442,680 $ 357,120 Accounts payable Interest payable $ 43,400 $ 49,600 3,720 4,960 Income taxes payable Bonds payable 27,280 14,880 111,600 79,360 Common shares 117,800 99,200 Retained earnings 138,880 109,120 Total liabilities and shareholders' equity $ 442,680 $ 357,120 Additional information: 1. Net income for the fiscal year was $47,120. 2. Equipment with an original cost of $37,200 was sold for $14,880 cash during 2021. The equipment was depreciated $14,880. This disposal resulted in a $7,440 loss. Prepare the 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).)