The accounting records of Ivanhoe Airlines Inc reveal the following transactions and events for the year ended March 31, 2001 Payment of interest $7,600 Payment of salaries $48.450 Cash sales 50,350 Depreciation expense 15,200 Receipt of dividend revenue 13,300 Proceeds from sale of aircraft 201,400 Payment of income tax 7,125 Purchase of equipment for cash 20,900 Profit 36,100 Loss on sale of aircraft 2,850 Payment of accounts payable 104.500 Payment of dividends 13,300 Payment for land 165,300 Payment of operating expenses 26,600 Collection of accounts receivable 190.950 Common shares issued in exchange for land 33.250 Additional information: Ivanhoe Airlines' cash on April 1, 2020, was $33,250. Assuming Ivanhoe reports under ASPE, prepare a cash flow statement using the direct method. (Show amounts that decrease cash flow with elthera - signes -15,000 or in parenthesis es (15,000).) IVANHOE AIRLINES INC. Cash Flow Statement Year Ended March 31, 2021 Cash Receipts . . . . S Note X:Land costing $ was acquired by issuing common shares