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Tamarisk Materials Ltd. is a family-run do-it-yourself building materials company located on Pelee Island, Ontario. The company produces high-quality building materials for do-it-yourselfers. The company's

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Tamarisk Materials Ltd. is a family-run do-it-yourself building materials company located on Pelee Island, Ontario. The company produces high-quality building materials for do-it-yourselfers. The company's bookkeeper has gone on holiday and the compary has brought you in to help it prepare its monthly financial statement package. which the bank requires as part of the terms of the loan financing. You have correctly completed the statement of financial position and the statement of income statement. You only have the statement of cash flows left to prepare based on the following information: Current liabilities: TAMARISK MATERIALS LTD. Statement of Income For the year ended December 31,2024 Sales revenue $1,238,900 Cost of goods sold Gross profit 585,600653,300 Expenses Wages expense $222,800 Administrative expenses 46.500 Additional information: During fiscal year 2024. Tamarisk sold a piece of its equipment. The equipment sold had originally cost $137,950 and was sold for $11,750 (a) Using the information above, prepare Tamarisk's statement of cash flows for the year ended December 31,2024 , 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).] TAMARISK MATERIALS LTD. Statement of Cash Flows, Indirect Method $ Supplemental Cash Flow information: Cash paid for interest

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