The following three accounts appear in the general ledger of Sarasota Corp. during 2022.

Equipment
Date				Debit		Credit		Balance
Jan. 1		Balance						96,000
July 31		Purchase of equipment		42,000				138,000
Sept. 2		Cost of equipment constructed		31,800				169,800
Nov. 10		Cost of equipment sold				29,400		140,400
Accumulated DepreciationEquipment
Date				Debit		Credit		Balance
Jan. 1		Balance						42,600
Nov. 10		Accumulated depreciation on equipment sold		9,600				33,000
Dec. 31		Depreciation for year				16,800		49,800
Retained Earnings
Date				Debit		Credit		Balance
Jan. 1		Balance						63,000
Aug. 23		Dividends (cash)		8,400				54,600
Dec. 31		Net income				43,200		97,800

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 $4,800. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $31,800.)