The comparative statement of financial position of Culver Corporation as at December 31, 2020, follows: CULVER CORPORATION Statement of Financial Position December 31 December 31 Assets 2020 2019 Cash $ 54,500 $ 12,800 Accounts receivable 89,300 87,700 Equipment 26,300 21,500 Less: Accumulated depreciation (9.500) (10.700 ) Total 160,600 $ 111,300 Liabilities and Shareholders' Equity Liabilities and Shareholders' Equity Accounts payable Common shares Retained earnings Total $ 20,100 $ 14,300 100,000 79,900 40,500 17,100 $ 160,600 $ 111,300 Net income of $36,500 was reported and dividends of $13,100 were declared and paid in 2020. New equipment was purchased, and equipment with a carrying value of $4,300 (cost of $11.800 and accumulated depreciation of $7,500) was sold for $7,500. Prepare a statement of cash flows using the indirect method for cash flows from operating activities. Assume that Culver prepares financial statements in accordance with ASPE. (Show amounts that decrease cash flow with either a-sign es-15,000 or in parenthesis es (15,000).)