Stuck with this one.

Prepare the operating activities section of a statement of cash ows using the indirect format. (Show amounts that decrease cash ow with either a - sign e5. -15,000 or in parenthesis e.g. (15,000).) Ivanhoe Ltd. Statement of Cash Flows Adjustments to reconcile net income to net cash provided by operating activities: v $ Ivanhoe Ltd., which follows ASPE had the following comparative statement of nancial position: Ivanhoe Ltd. Comparative Statement of Financial Position December 31 Assets 2021 2020 Cash $ 81,200 $ 50,200 Accounts receivable 136,000 102,000 Inventory 81,100 122,000 Prepaid insurance 9,200 7,100 Equipment 300,500 25 1,400 Accumulated depreciationequipment (71,100 ) (50,800 ) Patents 79,800 98,400 Total assets $ 616,700 $ 580,300 Liabilities and Shareholders' Equity Accounts payable $ 92,700 $ 79,800 Notes payable 8,100 11,600 Salaries and wages payable 16,700 8,700 Income taxes payable 17,000 21,400 Long-term note payable 114,500 132,300 Common shares 267,700 267,700 Retained earnings 100,000 58,800 Total liabilities and shareholders' equity $ 616,700 $ 580,300 Additional information: 1. Net income for the scal year was $52,500. 2. Equipment that cost $41,900 and was 70% depreciated was sold during 2021, for a gain of $4,500. 3. No patents were purchased or sold during the scal year. 4. The current Notes Payable are trade payables issued by Ivanhoe Ltd. for the purchase of inventory