Sandhill Shoes comparative balance sheet is presented below. Sandhilfreports under ASPE SANDHILL SHOES Balance Sheet December 31 2021 2020 Assets Cash $32712 S20.592 28,072 25,868 Accounts receivable 26.680 18.560 Long-term Investments Equipment 69.600 81.200 Accumulated depredation-equipment (16,240 (11600) Total $140,824 $134 560 $22,736 $12876 Labilities and Shareholders' Equity Accounts payable Notes payable Common shares Retained earnings 11600 34,800 69,600 52 200 36,888 34,684 Total $140.824 $134 560 1 Additional Information Profit was $32,828. Dividends declared and paid were $30.624. Equipment that cost $11.600 and had accumulated depreciation of $1.392 was sold for $4988. All other changes in non-current account balances had a direct effect on cash flows, except the change in accumulated depreciation 2 3 Prepare a statement of cash flows for 2021 using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis es. (15,0001) SANDHILL SHOES Cash Flow Statement - Indirect Method Adjustments to reconcle profit to > $ $ >