Gadadhar's sports company reported the following information for the current year: Purchased a long-term investment for cash, $18,000. Paid cash dividend, $12,500. Sold equipment for $8,500 cash (cost, $26,000, accumulated depreciation, $17,500 ). Issued shares of no-par stock, 400 shares at $12 per share cash. Net income was $22,700. Depreciation expense was $3,500. Its comparative balance sheet is presented below: Prepare the statement of cash flows for the current year in proper format using indirect method. Show the workings in the space provided. You do not need to prepare ledger accounts, but we have provided space so that you may prepare them if you wish to prepare them to calculate some figures