Prepare the statement of cash flows for the year ended 31 December 2021 for Fast DeliveryCompany using the indirect method. Place parentheses around those dollar amounts representing cash outlays. (15 marks)

Question B4 The data below are taken from the financial statements of Fast Delivery Company: Income Statement: 2021 Profit Depreciation expense Amortization of trademark Gain/loss on sale of equipment $270,050 48,000 25,500 ??? Statement of Financial Position: 31 Dec 2021 31 Dec 2020 Cash Accounts receivable Inventory Prepaid expenses Accounts payable Accrued expense payable ??? 27,000 28,900 42,000 35,000 17,550 $129,500 23,500 27,000 47,000 33,000 10,000 Additional Information: (1) Borrowed a loan from bank for the amount of $200,000. (2) Sold an old van with net book value of $123,000 for cash at $141,000. (3) Purchased a new van for cash at $230,000. (4) Acquired marketable investment with cash of 184,000. (5) Issued 150,000 ordinary shares at $1.5 per share. 6) Acquired 35,000 treasury shares from market at $2 each. Required: Prepare the statement of cash flows for the year ended 31 December 2021 for Fast Delivery Company using the indirect method. Place parentheses around those dollar amounts representing cash outlays. (15 marks)