Question 5 of 6 View Policies Current Attempt in Progress Sandhill Corporation's comparative balance sheet is presented below. Assets Cash Accounts receivable Land Building SANDHILL CORPORATION Balance Sheet December 31 Accumulated depreciation-building Total Liabilities and Shareholders' Equity Accounts payable Common shares Retained earnings Total Additional information: 2024 $14,010 20,780 19,600 68,600 (14,700) $12,120 73,500 2023 22,670 $10,490 68,600 (9,800) $108,290 $117,700 22,930 25,480 $30,480 67,620 19,600 $108,290 $117,700 -/25

Current Attempt in Progress Sandhill Corporation's comparative balance sheet is presented below. 1. Profit for the year was $22,180. Dividends declared and paid were $19,110. 2. No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $4,800, resulting in a loss of $1,080 on the sale of the land. Prepare a cash flow statement for 2024 using the indirect method. Sandhill Corporation reports under ASPE. (Show amounts that decrease cash flow with either a - sign eg - 15,000 , or in parenthesis eg. (15,000) ). Prepure a cath flow statement for 2024 wind the indirest method 5 undenir Corporation reports undet ASPE. Chow amound that Current Attempt in Progress Sandhill Corporation's comparative balance sheet is presented below. Additional information: 1. Profit for the year was $22,180. Dividends declared and paid were $19,110. 2. No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $4,800, resulting in a loss of $1,080 on the sale of the land