Current Attempt in Progress Coronado Inc. is a major retailer of road bicycles and a promoter of riding bicycles to work, both to save the environment and improve physical fitness. Financial statements for Coronado are presented below. NetpropertyandequipmentTOTALASSETS81,800$209,550$138,60080,700 Prepare a statement of cash flows for Coronado for the year ended December 31,2024 , using the indirect method. Coronado follows ASPE. (Show amounts that decrease cash flow with either a negative sign e.g. 15,000 or in parenthesis e.g. (15,000).) CORONADO INC. INCOME STATEMENT For the Years Ended December 31 The following is additional information concerning Coronado's transactions during the year ended December 31, 2024: - Equipment costing $40,000 was purchased by paying $35,100 cash and issuing 100 shares. - Equipment costing $30,000 that was purchased at the beginning of 2023 was sold at the end of 2024 for $26,000. Straightline depreciation had been used with an expected asset life of 10 years and a residual value of $0. - The "other expenses" relate to prepaid items. - In order to supplement its cash, Coronado borrowed an additional \$40,000 and issued an additional 100 shares. - Cash dividends of $4,350 were paid at the end of the fiscal year. - Cost of sales includes $190,000 of direct labour costs. Prepare a statement of cash flows for Coronado for the year ended December 31, 2024, using the indirect method. Coronado follows ASPE. (Show amounts that decrease cash flow with either a negative sign e.g. 15,000 or in parenthesis e.g. (15,000).)