The comparative, unclassified statement of financial position for Sandhill Ltd. shows the following balances at December 31 : 2. A gain of $7,000 was recorded on the disposal of a small parcel of land, No land was purchased during the year. 3. A gain on the disposal of $34,000 was recorded when an old building was sold for $48,000 cash. A new building was purchased for $369,000 and depreciation expense on buildings for the year was $52,000. 4. Equipment costing $68,000 was purchased while a loss of $7,000 was recorded on equipment that was sold for $5,000. The equipment that was sold late in the year had accumulated depreciation of $15.000. 5. The company took out $212,000 of new bank loans during the year. 6. Dividends were declared and paid and no common shares were bought back by the company. (a) Prepare the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign es -15,000 or in parenthesis es (15,000)