The comparative statement of financial position of Concord Corporation as at December 31, 2023, follows: Net income of $37,800 was reported and dividends of $12,700 were declared and paid in 2023. New equipment was purchased, and equipment with a carrying value of $4,100 (cost of $11,600 and accumulated depreciation of $7,500 ) was sold for $7,600. Prepare a statement of cash flows using the indirect method for cash flows from operating activities. Assume that Concord prepares financial statements in accordance with ASPE. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000))