Problem 12-18B Using financial statements to prepare a statement of cash flowsIndirect method The following financial statements were drawn from the records of Healthy Products Co. Additional Data 1. During 2012, the company sold equipment for 56,800 , it had originally cost $8,400. Aceumulated depreciation on this equipment was 53,400 at the time of the sale. Also, the company purchased equipment for $5,000 cash. 2. The company sold land that had cost $2,000. This land was sold for $1,400, resulting in the recognition of a $600 loss. Also, common stock was issued in exchange for title to land that was valued at $7,000 at the time of exchange. 3. Paid dividends of S900. Required Prepare a statement of cash flows using the indirect method