SANDHILL CORPORATION 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. Prepare a cash flow statement for 2024 using the indirect method. Sandhill Corporation reports under ASPE. (Show amounts thot decrease cash flow with either a - sign e. 15,000, or in parenthesis e. 8.(15,000)). Decrease in Accounts Payable Net Cash Provided by Operating Activities Net Cash Provided by Investing Activities Loss on Sile of Land 4800 Net Cash Provided by Investing Activities Net Cash Provided by Financing Activities Issue of Common Shares 5880 Pryment of Cash Dividends 19100 Net Cash Provided by Financing Activities Cash January 1 SANDHILL CORPORATION Cash Flow Statement Year Ended December 31, 2024 Operating Activities Profit for the Year \( 5 \longdiv { 2 2 1 8 0 } \) Adjustments to reconcile profit to Net Cash Provided by Operating Activities v Net Cash Provided by Operating Activities Net Cash Provided by towesting Activities Net Cach Provided by Finaricine Activities v 4800