The comparative balance sheets and income statements for Waiton Company follow: Additional Data 1. During Year 2 , the company sold equipment for $18,149; it had originally cost $31,300. Accumulated depreciation on this equipment was $13,751 at the time of the sale. Also, the company purchased equipment for $7,230 cash. Adaitional Data 1. During Year 2 , the company sold equipment for $18,149; it had originally cost $31,300. Accumulated depreciation on this equipment was $13,751 at the time of the sale. Also, the company purchased equipment for $7,230 cash. 2. The company sold land that had cost $4,280. This land was sold for $4,200, resulting in the recognition of a $80 loss. Also, common stock was issued in exchange for titie to land that was valued at $10,600 at the time of exchange. 3. Paid dividends of $8,673. Required Prepare a statement of cash flows using the indirect method. Note: Amounts to be deducted and cash outflows should be indicated by a minus sign