ended Information from the Balance Sheet and income Statement for Sheffield Inc. a private company reporting under ASPE. for the year December 31, is given below Comparative Balance Sheet 2021 2020 Cash $83.960 $ 46.850 Accounts receivable 90,840 36.850 Inventory 122,840 103.250 Investments in tand 85,940 107.850 Property, plant, and equipment 286,040 201.700 Accumulated depreciation (49.310) (39.700) 5620,310 $456,800 Accounts payable $53.540 $49,250 Accrued expenses payable 12.540 19.150 Bonds payable 140,000 73.500 Common shares 250,000 202,000 Retained earnings 164230 112.900 $620,310 $456,800 Revenues Sales Gainon disposal of equipment $290,000 8.100 298.100 E Expenses Cost of goods sold Depreciation expense Operating expenses Income tax expense Interest expense Profit $ 96,000 56,800 14,970 37.500 2,850 208,120 $89.980 Additional Information: 1. Investments in land were sold at cost during 2021. 2 Equipment costing $56,040 was sold for $16.950, resulting in a gain. 3 Common shares were issued in exchange for some equipment during the year. No other shares were issued. The remaining purchases of equipment were paid for in cash. 4 Prepare a Cash Flow Statement for the year ended December 31, 2021 using the indirect method. (Show amounts that decrease cash flow with elthera - signes -15,000 or in parenthesis es. (15,0001) SHEFFIELD INC Cash Flow Statement - Indirect Method