The comparative, unclassified statement of financial position for Blossom Ltd. shows the following balances at December 31: Blossom Ltd. Statement of Financial Position December 31 Assets 2021 2020 Cash $6,000 $ 39,000 Trading investments 0 44,000 Accounts receivable 79,000 42,000 Inventory 111,000 75,000 Land 182,000 234,000 Buildings 937,000 529,000 Accumulated depreciation-buildings (141,000 ) (191,000) Equipment 101,000 72,000 Accumulated depreciation-equipment Total assets (46,000 ) (22,000 ) $1,229,000 $822,000 Liabilities and Shareholders' Equity Accounts payable $ 34,000 $ 74,000 Income tax payable 3,000 6,000 Interest payable 19,000 13.000 Bank loan payable-current portion 51,000 41,000 Bank loan payable-non-current portion 905,000 423,000 Common shares 156,000 181,000 Retained earnings 61,000 84,000 Total liabilities and shareholders' equity $1,229,000 $822,000 Additional information regarding 2021: 1. Net income was $12,000. 2. Trading investments consist of term deposits, which are short-term, highly liquid debt investments maturing, in this case, in 60 days. 3. A loss of $25,000 was recorded on the disposal of a small parcel of land. No land was purchased during the year. 4. 5. A gain on disposal of $17,000 was recorded when an old building was sold for $44,000 cash. A new building was purchased for $530,000 and depreciation expense on buildings for the year was $45,000. Equipment costing $74,000 was purchased while a loss of $11,000 was recorded on equipment that originally cost $45,000 and was sold for $25,000. 6. The company received $517,000 from new bank loans during the year. 7. Dividends were declared and paid during the year. 8. No common shares were issued during the year, but some were bought back and retired at the amount they were originally issued at. Prepare the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesise.g. (15,000).) Adjustments to reconcile net income to BLOSSOM LTD. Statement of Cash Flows $ $ > $ $