Each of the following items must be considered in preparing a statement of cash flows (indirect method) for Bastille Inc., which follows IFRS, for the year ended December 31, 2020. Identify the amount and classification (if any) of each item in the statement of cash flows prepared using the indirect method. (Do not leave any answer field blank. Enter 0 for amounts. Show amounts that decrease cash flow with either a - sign e.g. -25,000 or in parenthesis e.g. (25,000).) 1. Equipment that cost $40,000 six years before and was being depreciated on a straight-line basis over 10 years with no estimated residual value was sold for $5,300. Profit / loss on sale of equipment Operating Activities 10700 Proceeds from sale of equipment Investing Activities 5300 2. During the year, 10,000 common shares were issued for $41 cash per share. Financing Activities 410000 3. Uncollectible accounts receivable in the amount of $27,000 were written off against the allowance for doubtful accounts. Not Reported on the Statement of Cash Flows V 4. The company sustained a net loss for the year of $10,000. Depreciation amounted to $22,000. A gain of $9,000 was reported on the sale of land for $39,000 cash. Net loss Operating Activities Depreciation Operating Activities 22000 The gain on disposal of land Operating Activities (9000) Proceeds from the sale of land Investing Activities 39000 5. A three-month Canadian treasury bill was purchased for $50,000 on November 13, 2020. The company uses a cash and cash-equivalent basis for its statement of cash flows. Not Reported on the Statement of Cash Flows 6. An impairment of $40,000 was recorded on goodwill. Operating Activities 40000 7. Patent amortization for the year was $18,000. Operating Activities 18000 8. The company exchanged common shares for a 40% interest in TransCo Corp. for $900,000. Non-Cash Investing and Financing Activities 9. The company accrued an unrealized loss $500 on investments accounted for at FV-NI. Investing Activities