The accounts below appear in the ledger of Sunland Company. Retained Earnings Dr. Cr. Bal. Jan. 1, 2020 Credit Balance $42,300 Aug. 15 Dividends (cash) $15,200 27,100 Dec. 31 Net Income for 2020 $40,400 67,500 Equipment Dr. Cr. Bal. Jan. 1, 2020 Debit Balance $140,300 Aug. 3 $62,200 202,500 Sept. 10 Purchase of Equipment Cost of Equipment Constructed Equipment Sold 48,100 250,600 Nov. 15 $56,100 194,500 Accumulated Depreciation-Equipment Dr. Cr. Bal. Jan. 1, 2020 Credit Balance $83,400 Apr. 8 $20,900 62,500 Nov. 15 Major Repairs Accum. Depreciation on Equipment Sold Depreciation for 2020 25,400 37,100 Dec. 31 $16,900 54,000 From the postings in the accounts above, indicate how the information is reported on a statement of cash flows by preparing a partial statement of cash flows using the indirect method. The loss on sale of equipment (November 15) was $5,800. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) SUNLAND COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income $ Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ Loss on Sale of Equipment DO Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment Cost of Equipment Constructed IN Sale of Equipment Major Repairs on Equipment Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends II Net Decrease in Cash Cash at Beginning of Period XXX Cash at End of Period $XXX