Information from the balance sheet and income statement is given below for Blue Spruce Inc, a private company reporting under ASPE, for the year ended December 31 . Additional information: 1. Investments in land were sold at cost during 2024. 2. Equipment costing $89,600 was sold for $24,880, resulting in a gain. 3. Common shares were issued in exchange for some equipment during the year. No other shares were issued. 4. The remaining purchases of equipment were paid for in cash. Preparea cash flow statement for the year ended December 31, 2024, using the indirect method. (Show amounts that decrease cash flow with either a-sign es- 15,000 or in parenthesis es. (15,000)) Note X : Significant noncash investing and financing activities: Equipment with a cost of \$ was purchased in exchange for common shares