Indirect Method-Preparing a Statement of Cash Flows The accounting records of Guci Corp. show the following data for the current year. Statement of Cash Flows For the Current Year Ended December 31 \begin{tabular}{|c|c|c|} \hline \multicolumn{2}{|l|}{ Cash flows from operating activities } & \\ \hline & & $ \\ \hline \multicolumn{3}{|l|}{ Adjustments: } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Cash flows from investing activities } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Cash flows from financing activities } \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & $ \\ \hline \end{tabular} Additional information: 1. Equipment was sold for its book value of $600. 2. Equipment purchased during the year was $1,800. 3. Cash dividends declared and paid were $285. Prepare the statement of cash flows for the current year ended December 31, using the indirect method to present cash flows from operating activities. - Note: Include a negative sign (-) for any amount that would be subtracted in the statement of cash flows