The following is a comparative SFP position and income statement for Culver Corporation: Culver Corporation Income Statement For the year ended September 30,2023 \begin{tabular}{lr} Sales revenue & $892,250 \\ Cost of goods sold & 625,000 \\ \hline Gross profit & 267,250 \\ Operating expenses & 185,000 \\ \hline Income from operations & 82,250 \\ Interest expense & 3,000 \\ Gain on disposal of equipment & 2,600 \\ \hline Income before income tax & 81,850 \\ Income tax expense & 32,000 \\ \hline \end{tabular} ADDITIONALINFORMATION: - Depreciation expense is included in "operating expenses: All accounts payable transactions were related to the purchase of inventory. - During the year, a piece of equipment that originally cost $100,000 was sold for cash. The equipment was 60% depreciated at the time of the sale. - Long-term investments were purchased for cash during the year. Prepare a statement of cash flows, in good form, for Culver Corporation, using the direct method. Culver Corporation follows ASPE. (Show amounts that decrease cash flow with either a negative sign eg. -15,000 or in parenthesis es. (15,000).) Prepare a statement of cash flows, in good form, for Culver Corporation, using the direct method. Culver Corporntion follows ASPE. Show amounts that decrease cash flow with either a negutlve signeg. 15,000 or in parenthesis eg. (15,000) Cash Balance, Beginning of Year Cash Balance, End of Year Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Decrease in Cash Increase in Cash 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