The following three accounts appear in the general ledger of Concord Corporation during 2022 Equipment Date Debit Credit Balance Jan 1 Balance 158,000 July 31 Purchase of equipment 69.600 227,600 Sept. 2 Cost of equipment constructed 55,000 282.600 Nov 10 Cost of equipment sold 49.500 233,100 Accumulated Depreciation-Equipment Date Debit Credit Balance Jan 1 Balance 71,400 Nov. 10 Accumulated depreciation on equipment sold 14,900 56.500 Dec 31 Depreciation for year 22,600 79.100 Date Jan 1 Balance Aug 23 Dividends (cash) Dec 31 Net income Retained Earnings Debit Credit Balance 104,200 17,800 86,400 68.800 155,200 From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method The loss on disposal of plant assets was $8,000. (Hint: Cost of equipment constructed is reported in the Investing activities section as a decrease in cash of $55,000) (Show amounts that decrease cash flow with either a signes 15,000 or in parenthesis eg. (15,000)) Concord Corporation Partial Statement of Cash Flows Adjustments to reconcile net income to > $ $