LAG Network Inc.'s balance sheet and income statement are as follows: Additional information regarding LAG Network Inc.'s activities during 2023: a. Equipment is purchased for $20,800 cash. b. 16,200 common shares are issued for cash at $2.50 per share. c. Declared and paid $56,800 of cash dividends during the year. Required: Prepare a statement of cash flows for 2023 that reports the cash inflows and outflows from operating activities according to the indirect method. (List any deduction in cash and cash outflows as negative amounts.)