please solve this question carefully according to the cash flow statement using indirect method and please fill proper information according to the given boxes

Presented below is the comparative balance sheet for Sunland Inc, a private company reporting under ASPE, at December 31, 2021, and 2020: SUNLAND INC. Balance Sheet December 31 Assets 2021 Cash $58,200 Accounts receivable 101,000 Inventory 205,000 Lone-term investment 101,500 Property, plant, and equipment 535,000 Less: Accumulated depreciation (162.500 $838,200 Liabilities and Shareholders' Equity Accounts payable $57,500 Dividends payable 6,000 Income tax payable 14.000 25.000 Long term notes payable Common shares 630,000 Retained earnings 105,700 $838.200 2020 $98,000 75.000 155.500 0 460,000 (140.000 $648,500 $47.000 0 15.000 0 525,000 61,500 $648,500 SUNLAND INC. Income Statement Year Ended December 31, 2021 Sales $654,200 Cost of goods sold 432,000 Gross profit 222,200 Operating expenses $147.500 Loss on sale of equipment 3,000 150,500 Profit from operations 71,700 Interest expense 3,000 Interest revenue (4.500) (1.500) Profit before income tax 73.200 Income tax expense 14,000 Profit $59,200 Additional information: 1 Cash dividends of $15.000 were declared. I 2. A long-term investment was acquired for cash at a cost of $101.500. 3. Depreciation expense is included in the operating expenses. 4. The company issued 10.500 common shares for cash on March 2, 2021 The fair value of the shares was $10 per share. The proceeds were used to purchase additional equipment 5. Equipment that originally cost $30,000 was sold during the year for cash. The equipment had a carrying value of $9,000 at the time of sale. 6. The company issued a note payable for 528,000 and repaid $3.000 by year end 7. All purchases of inventory are on credit. 8. Accounts Payable is used only to record purchases of inventory Prepare a cash flow statement for the year using the indirect method. (Show amounts that decrease cash flow with elther a-slon 9.-15,000 or in parenthesis g. (15,000 SUNLAND INC. Cash Flow Statement - Indirect Method Year Ended December 31, 2021 $ Adjustments to reconcile profit to $ I $ 2 Am All ENG 05:35 28-06-2020