The accounting records of Laurent Company provided the following data: Statement of Comprehensive Income For year ended 31 December 20X8 Sales Cost of goods sold Depreciation expense Operating expenses Net earnings and comprehensive income $ 937,100 (562,000) (14,700) (201,600 $ 158,800 Statement of Financial Position At 31 December 20x8 20X7 Debits Cash $102,900 $ Accounts receivable 52,500 55,600 Inventory 72,900 58,300 Investment, long term 8,600 Capital assets 271,200 172,000 Total debits $499,500 $294,500 Credits Bank overdraft $ 14,500 Accumulated depreciation 43,700 29,000 Accounts payable 37,600 17,200 Short-term bank loan 12,500 8,600 Notes payable, long term 103,900 57,500 Common shares 231,000 155,500 Retained earnings 70,800 12,200 Total credits $499,500 $294,500 Other information: a. Paid a $23,200 long-term note payable by issuing common shares. b. Purchased capital assets that cost $99,200; gave a $69,600 long-term note payable and paid $29,600 cash. c. Sold the long-term investment at cost, for cash. d. Assume that unexplained differences in asset, liability, and equity accounts flow from logical sources. Required: 1. Prepare the SCF, using the two-step indirect method of presentation for the operating activities section. (Deductible amoun Cash outflows should be indicated with minus sign.)