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Problem 14-18A (Algo) Using financial statements to prepare a statement of cash flows-indirect method LO 14-1, 14-3, 14-4 The comparative balance sheets and income statements for Rundle Company follow: Additionol Dota 1. During Year 2, the company sold equipment for $18,140; it had originally cost $31,100. Accumulated depreciation on this equipment was $13,660 at the time of the sale. Also, the company purchased equipment for $6.580cash 2. The company sold land that had cost $4,170. This tand was sold for $4,100, resulting in the recognition of a $70 loss. Also, common stock was issued in exchange for titte to land that wos valued at $12.000 at the time of exchange. 3. Paid dividends of $9.924. Required Prepare a statement of cash flows using the indirect method. Note: Amounts to be deducted and cash outflows should be indicated by a minus sign