The following accounts appear in the ledger of Monty Limited, which uses IFRS, and has adopted the policy of classifying dividends paid as operating activities: Dr. Cr. Retained Earnings Jan. 1, 2020 Credit balance Aug. 15 Dividends (cash) Dec. 31 Net income for 2020 Bal. $43,400 30,000 71,100 $13,400 $41,100 Dr. Cr. Equipment Jan. 1, 2020 Debit balance Aug. 3 Purchase of equipment Sept. 10 Purchase of equipment Nov. 15 Equipment sold $62,200 48,900 Bal. $140,500 202,700 251,600 195,000 $56,600 Dr. Cr. Accumulated Depreciation Equipment Jan. 1, 2020 Credit balance Nov. 15 Accumulated depreciation on equipment sold $22,900 Dec. 31 Depreciation for 2020 Bal. $84,900 62,000 79,400 $17,400 Show how the information posted in the accounts is reported on a statement of cash flows by preparing a partial statement of cash flows using the indirect method. The loss on disposal of equipment (November 15) was $3,400. (Show amounts that decrease cash flow with either a - sign e.g. -25,000 or in parenthesis e.g. (25,000).) Monty Limited Statement of Cash Flows (partial, indirect method) For the Year Ended Decemt Cash Flows from Operating Adjustments to reconcile net income to net cash provided by operating activities: S