Please show the detailed calculations

Sunland Ltd., a private company reporting under ASPE, reported the following for the years ended May 31, 2017 and 2016. SUNLAND LTD. Balance Sheet May 31 Assets 2017 2016 Cash $29,425 $46,500 Accounts receivable 88,300 78,500 Inventory 183,000 159,500 Prepaid expenses 5,800 7,300 Land 134,500 79,000 Equipment 318,000 198,000 Accumulated depreciation (76,200) (39,500) Total assets $682,825 $529,300 Liabilities and Shareholders' Equity Accounts payable $42,700 $39,500 Dividends payable 7,300 5,800 Income taxes payable 3,000 6,800 Mortgage payable 130,000 79,500 Common shares 218,000 165,500 Retained earnings 281,825 232,200 Total liabilities and shareholders' equity $682,825 $529,300 1. 4. Additional Information: Profit for 2017 was $112,125. 2. Common shares were issued for $52,500. 3. Land with a cost of $52,500 was sold at a loss of $19,800. Purchased land with a cost of $108,000 with a $57,500 down payment and financed the remainder with a mortgage note payable. 5. No equipment was sold during 2017. Net sales for the year were $674,600. Cost of goods sold for the year was $400,800. 8. Operating expenses, including depreciation expense, were $98,700. 9. Interest expense was $5,800. Income tax expense was $37,375. 11. Accounts payable is used for merchandise purchases. 6. 7. 10. Prepare a cash flow statement for the year using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in p SUNLAND LTD. Cash Flow Statement - Direct Method $ $