Presented below is a condensed version of the comparative statements of financial position for Ottawa Traders for the last two years at December 31. 2022 Cash Accounts receivable Investments Equipment Accumulated depreciation-equipment Current liabilities Share capital - ordinary Retained earnings CA$177.000 118,000 70.000 351,000 93,000 136.000 140.000 347.000 2021 CA$46,500 76.500 96.000 175,000 66,000 92,000 64,000 172,000 Additional information: Investments were sold at a gain of CA$8.000. No investments were purchased. No equipment was sold. Cash dividends paid were CA$41.000. Net income was CA$216,000. Prepare a statement of cash flows for 2022 for Ottawa Traders. (Show amounts that decrease cash flow with either a-sign eg. -15,000 or in parenthesis eg. (15,000)) OTTAWA TRADERS Statement of Cash Flows December 31, 2022 Cash Flows from Operating Activities CA$ 216,000 ho Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense CAS 27.000 Gain on Sale of Investments -8.000 Increase in Accounts Receivable -41,500 Increase in Current Liabilities 44,000 21,500 Net Cash Provided by Operating Activities 237.500 Cash Flows from Investing Activities Sale of investments 34,000 Purchase of Equipment -176,000 Net Cash Used by Investing Activities -142,000 Purchase of Equipment 176,000 Net Cash Used by Investing Activities - 142,000 Cash Flows from Financing Activities > CAS Net ved by Operating Activities 237.500 Cash Flows from Investing Activities Sale of Investments 34,000 Purchase of Equipment -176,000 Net Cash Used by Investing Activities - 142,000 Cash Flows from Financing Activities Issuance of Ordinary Shares Decrease in Accounts Receivable Decrease in Current Liabilities Payment of Cash Dividends Net Income CA$ Increase in Accounts Receivable Sale of Investments Redemption of Shares Depreciation Expense D. Attempts: 0 of 3 used Submit Answer Purchase of Equipment the due date Loss on Sale of Investments Qud Gain on Sale of Investments --/2.5 Increase in Current Liabilities