The following three accounts appear in the general ledger of Sheridan Corp. during 2022. Date Jan. 1 Balance July 31 Purchase of equipment Sept. 2 Purchase of equipment Nov. 10 Cost of equipment sold Equipment Debit Credit Balance 158,100 70,300 228,400 54,200 282,600 48,100 234,500 Accumulated Depreciation-Equipment Date Debit Credit Balance Jan. 1 Balance 71,500 Nov. 10 Accumulated depreciation on equipment sold 16,000 55,500 Dec. 31 Depreciation for year 24,000 79,500 Retained Earnings Date Debit Credit Balance Jan. 1 Balance 104,600 Aug. 23 Dividends (cash dividends declared and paid) 17,200 87,400 Dec. 31 Net income 66,400 153,800 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 $8,000. (Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).)