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Information from the statement of financial position and statement of income is given below for Bramble Road Inc., a company following IFRS, for the year

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Information from the statement of financial position and statement of income is given below for Bramble Road Inc., a company following IFRS, for the year ended December 31 . Bramble Road has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. NotespayableCommonsharesRetainedearnings134,000255,000183,100$638,40072,000206,000127,790$473,800 Statement of Income, year ended December 31, 2020 Revenues Sales revenue Gain on disposal of investment in land Gain on disposal of equipment 5,0008,810304,100 Expenses Cost of goods sold $98,260 Depreciation expense 58,100 Operating expenses 14.720 Income tax expense 37,600 Interest expense 2,940211,620 Additional information: 1. Investments in land were sold at a gain during 2020 . 2. Equipment costing $58,000 was sold for $17,210, 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. Prepare a statement of cash flows for the year ended December 31, 2020, using the indirect method. (Show amounts that decrease cash flow with elther - sign es- 15,000 or in parenthesis es (15,000) ) BRAMBLE ROADINC. Statement of Cash Flows - Indirect Method Adjustments to reconcile net income to net cash provided by operating activities: $ Note X: Significant non-cash investing and financing activities: Equipment with a cost of $ was exchanged fc Supplemental disclosures of cash flow information: Note X: Significant non-cash investing and financing activities: Equipment with a cost of $ was exchanged fc Supplemental disclosures of cash flow information: t with a cost of $ was exchanged for common shares

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