The following information is provided for Wildhorse Chocolete Corp. Which raports under ASPE: Additional information: 1. Profit for 2024 was $115,675 2. Common shares were issued for 552300 . 3. Land with a cost of 552,300 was sold at 3 loss of 519,685 . 4. Purchased land with a cost of 5105,300 with a 557,615 down payment and financed the remainder with a mortage note payable. 5. No equipment was sold during 2024 . 6. Net sales for the year were 5687,100 . 7. Cost of goods sold for the year was $407,800. 8. Operating costs, including depreciation expense were $99,700. 9. Interest expense was $5,405 10. Income tax expense was 538,635 . 11. Accounts payable is used for merchandise purchases. Prepare a cash fow statement for the year using the direct method (Show amounts thet decrease cush flow with e ther a- 9 gign eg. - 15,000 winccuctlouto. He manu ssuing a mortgage note payable for 5