The comparative balance sheets for Sage Corporation show the following information. Allowance for doubtful accounts Accumulated depreciation-equipment $3,1002,000$4,5004,500 Accumulated depreciation-building Accounts payable 05,1006,1003,000 Dividends payable Notes payable; short-term (nontrade) Long-term notes payable Common stock \begin{tabular}{rr} 43,000 & 33,000 \\ 20,300 & 5,700 \\ \hline$107,500 & $90,600 \\ \hline \end{tabular} Additional data related to 2020 are as follows. 1. Equipment that had cost $11,100 and was 40% depreciated at time of disposal was sold for $2,500. 2. $10,000 of the long-term note payable was paid by issuing common stock. 3. Cash dividends paid were $4,900. 4. On January 1,2020, the building was completely destroyed by a flood. Insurance proceeds on the building were $30,300 (net of $2,000 taxes). 5. Debt investments (available-for-sale) were sold at $1,700 above their cost. The company has made similar sales and investments in the past. 6. Cash was paid for the acquisition of equipment. 7. A long-term note for $16,000 was issued for the acquisition of equipment. 8. Interest of $2,000 and income taxes of $6,500 were paid in cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign es.-15,000 or in parenthesis e. (15,000).) SAGE CORPORATION Statement of Cash Flows $ Adjustments to reconcile net income to $ Supplemental disclosures of cash flow information: $ $ $