Carla Vista Ltd., which follows ASPE, had the following comparative Statement of Financial Position: Carla Vista Ltd. Comparative Statement of Financial Position March 31 Assets 2021 2020 Cash $ 19,380 $ 13,680 Accounts receivable 68,400 45,600 Inventory 95,760 79,800 Prepaid expenses 6,840 4,560 Property, plant, and equipment 285,000 239,400 Accumulated depreciation (68,400) (54,720) Total assets $ 406,980 $ 328,320 Liabilities and Shareholders' Equity Accounts payable $ 39,900 $ 45,600 Interest payable 3,420 4,560 Income taxes payable 25,080 13,680 Bonds payable 102,600 72,960 Common shares 108,300 91,200 Retained earnings 127,680 100,320 Additional information: 1. Net income for the fiscal year was $43,320. 2. Equipment with an original cost of $34,200 was sold for $13,680 cash during 2021. The equipment was depreciated $13,680. This disposal resulted in a $6,840 loss. Prepare the statement of cash flows using the indirect format. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Carla Vista Ltd. Statement of Cash Flows For the Year Ended March 31, 2021 Cash Flows from Operating Activities Net Income / (Loss) $ 43320 %24 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Expense Loss on Disposal of Equipment 6480 %24 > > > > > >