The comparative unclassified statement of financial position for Ivanhoe Ltd. follows: Additional information pertaining to 2021: 1. Net income was $124,100. 2. Sales were $996,000. 3. Cost of goods sold was $754,000. 4. Operating expenses were $41,000, exclusive of depreciation expense. 5. Depreciation expense was $45,000. 6. Interest expense was $13,000. 7. Income tax expense was $24,000. Additional information pertaining to 2021 : 1. Net income was $124,100. 2. Sales were $996,000. 3. Cost of goods sold was $754,000. 4. Operating expenses were $41,000, exclusive of depreciation expense. 5. Depreciation expense was $45,000. 6. Interest expense was $13,000. 7. Income tax expense was $24,000. 8. Long-term investments were sold at a gain of $5,100. 9. No equipment was sold during the year. 10. $68,000 of the bank loan was repaid during the year. 11. Common shares were issued for $37,000. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either 3 ign es: 45,000, or in porenthesises, (45,000J) . Statement of Cash, January 1 Cash, December 31 Cash flows from financing activities A Cash flows from investing activities Cash flows from operating activities Net cash provided by financing activities Net cash provided by investing activities Net cash provided by operating activities Net cash used by financing activities Net cash used by investing activities Net cash used by operating activities Net decrease in cash Net increase in cash Increase in accounts receivable A Repayment of bank loan Increase in accounts payable Increase in inventory Net income Sale of equipment Decrease in refund liability Decrease in accounts receivable Purchase of equipment Purchase of land Increase in estimated inventory returns Gain on sale of long-term investments Proceeds from sale of long-term investments Payment of cash dividends Decrease in inventory Loss on sale of long-term investments Decrease in accounts payable Depreciation expense Issue of common shares Decrease in estimated inventory returns