The following three accounts appear in the general ledger of Sheffield Corp, during 2022 Equipment Date Debit Credit Balance Jan. 1 Balance 161.400 July 31 68,000 229.400 Sept. 2 Purchase of equipment Purchase of equipment Cost of equipment sold 54,600 284,000 Nov. 10 48.000 236,000 Accumulated Depreciation-Equipment Debit Date Credit Balance Jan. 1 Balance Accumulated depreciation on equipment sold Depreciation for year 70,300 55,800 Nov. 10 14,500 Dec 31 23.500 79,300 Retained Earnings Date Debit Credit Balance Retained Earnings Date Debit Credit Balance Jan. 1 Balance 104,400 Aug. 23 16,300 Dividends (cash dividends declared and paid) Net income 88,100 156,000 Dec 31 67.900 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 $8,600. (Show amounts that decrease cash flow with either a - signes -15,000 or in parenthesis es. (15,000)) SHEFFIELD CORP SHEFFIELD CORP Partial Statement of Cash Flows $ Adjustments to reconcile net income to > assessment: Part 3 Question 1 of 1 -75 E Attempts of Sused Sub Anwer