Exercise 12 The following information is available for Umbrella Corporation for the year ended December 31, 2021; Collection of principal on long-term loan to a supplier Acquisition of equipment for cash Proceeds from the redemption of long-term investment at carrying value Issue of common shares for cash Depreciation expense Redemption of bonds payable at amortized cost Payment of cash dividends Profit Purchase of land by issuing bonds payable 40,000 15,000 27,000 25,000 25,000 24,000 14,000 30,000 40,000 In addition, the following information is available from the comparative balance sheet for Umbrella at the end of 2020 and 2021: 2,021 2,020 Cash 102,000 14,000 Accounts receivable (net) 20,000 15,000 Prepaid insurance 17,000 13,000 Total current assets 139,000 42,000 Accounts payable Salaries payable Total current liabilities 25,000 4,000 29,000 19,000 7,000 26,000 Instructions Prepare Umbrella's cash flow statement for the year ended December 31, 2021, using the indirect method