The comparative statement of financial position for Pharoah Retailers Ltd. follows: PHAROAHRETAILERS LTD. Statement of Financial Position December 31 Assets 2021 2020 Cash 0 22,000 Accounts receivable 79,000 55,000 Inventory 218,000 166,000 Furniture 129,000 161,000 Accumulated depreciation (38,000) (46,000 ) Total assets $ 388,000 $ 358,000 Liabilities and Shareholders' Equity Bank overdraft 4,000 0 Accounts payable 68,000 46,000 Bank loan payable (noncurrent) 90,000 104,000 Liabilities and Shareholders' Equity Bank overdraft $ 4,000 $ 0 Accounts payable 68,000 46,000 Bank loan payable (noncurrent) 90,000 104,000 Common shares 53,000 63,000 Retained earnings 173,000 145,000 Total liabilities and shareholders' equity $ 388,000 $ 358,000 Additional information regarding 2021: 1. Net income was $33,000. 2. Depreciation expense was $18,000. 3. During the year, the company did not receive any new bank loans. 4. During the year, the company did not purchase furniture but did sell some furniture for $8,000, which resulted in a gain on disposal of $2,000. 5. No common shares were issued during the year but some were repurchased at the cost at which they were originally issued. 6. During the year, the company paid all dividends declared. Prepare a statement of cash flows using the indirect method for 2021. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).) PHAROAH RETAILERS LTD. Statement of Cash Flows Year Ended December 31, 2021 $ Adjustments to reconcile net income to $ > $ enter a total amount for section three