Questions 1 and 2

Current Attempt in Progress Ivanhoe Corporation's comparative balance sheet is presented below. Additional information: 1. Profit for the year was $19,460. Dividends declared and paid were $16,760. 2. No noncash investing and financing activities occurred during 2024. 3. The land was sold for cash of $4,210, resulting in a loss of $950 on the sale of the land. Question 1 of 2 - /10 SANDHILL LTD. Cash Flow Statement (Partial)-Indirect Method Month Ended November 30, 2024 $ Adjustments to reconcile profit to $ $ eTextbook and Media Question 1 of 2 /10 Prepare the operating activities section of the cash flow statement using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Prepare a cash flow statement for 2024 using the indirect method. Ivanhoe Corporation reports under ASPE. (Show amounts that decrease cash flow with either a - sign e.g. 15,000, or in parenthesis e.g. (15,000))