Exercise 23-18 The accounts below appear in the ledger of Anita Baker Company. Jan. 1, 2014 Credit Balance 41,910 Aug. 15 Dividends (cash) $14,870 27.040 Dec. 31 Net Income for 2014 $49,370 76A10 Jan. 1, 2014 Debit Balance $139,290 Aug. 3 Purchase of Equipment $61,210 200,500 Sept. 10 Cost of Equipment Constructed 18,200 248,700 Nov. 15 Equipment Sold $66,720 181,980 Accumulated Depreciation Equipment Dr. Cr. Bal Jan. 1, 2014 Credit Balance $84,230 Extraordinary Repairs Apr. 8 $21,580 62,650 Nov. 15 Accum. Depreciation on Equipment Sold 25,230 37A20 Dec. 31 Depreciation for 2014 $16.260 53,680 From the postings in the accounts above, indicate how the information is reported on a statement of cash flows by preparing a partial statement of cash flows using theindrect method. The loss on sale of equipment (November 15) was $5,240. (Show amounts that decrease cash flow with either a sign e g, -15,000 or in parenthesis e a. (15,000) ANITA BAKER COMPANY of Cash Flows (Partial) For the Year Ended December 2014