The following three accounts appear in the general ledger of Whispering Winds Corp. during 2019.The following three accounts appear in the general ledger of Whispering Winds Corp. during 2019.

Equipment
Date					Debit		Credit		Balance
Jan.	1		Balance						161,000
July	31		Purchase of equipment		71,700				232,700
Sept.	2		Cost of equipment constructed		54,400				287,100
Nov.	10		Cost of equipment sold				49,700		237,400
Accumulated DepreciationEquipment
Date					Debit		Credit		Balance
Jan.	1		Balance						69,000
Nov.	10		Accumulated depreciation on equipment sold		29,800				39,200
Dec.	31		Depreciation for year				21,000		60,200
Retained Earnings
Date					Debit		Credit		Balance
Jan.	1		Balance						106,000
Aug.	23		Dividends (cash)		17,500				88,500
Dec.	31		Net income				67,900		156,400

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 $5,100. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $54,400.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Whispering Winds Corp. Partial Statement of Cash Flows Choose the accounting period December 31, 2019For the Month Ended December 31, 2019For the Year Ended December 31, 2019
Select an opening name for section one Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Select an item Depreciation ExpenseSale of EquipmentDecrease in Accounts PayablePayment of Cash DividendsIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsPurchase of EquipmentConstruction of EquipmentNet Income		$Enter a dollar amount
Adjustments to reconcile net income to
Select an opening subsection name Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Select an item Purchase of EquipmentLoss on Disposal of Plant AssetsDecrease in Accounts PayableSale of EquipmentNet IncomeDepreciation ExpenseIncrease in Accounts ReceivablePayment of Cash DividendsConstruction of Equipment	$Enter a dollar amount
Select an item Payment of Cash DividendsNet IncomeLoss on Disposal of Plant AssetsIncrease in Accounts ReceivableDecrease in Accounts PayableDepreciation ExpenseSale of EquipmentPurchase of EquipmentConstruction of Equipment	Enter a dollar amount
		Enter a total of the two previous amounts
Select a closing name for section one Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash		Enter a total amount for section one
Select an opening name for section two Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash Used by Financing ActivitiesNet Cash Used by Investing ActivitiesNet Cash Used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Select an item Payment of Cash DividendsSale of EquipmentNet IncomeLoss on Disposal of Plant AssetsConstruction of EquipmentDepreciation ExpenseDecrease in Accounts PayableIncrease in Accounts ReceivablePurchase of Equipment	Enter a dollar amount
Select an item Payment of Cash DividendsConstruction of EquipmentPurchase of EquipmentDecrease in Accounts PayableSale of EquipmentIncrease in Accounts ReceivableLoss on Disposal of Plant AssetsNet IncomeDepreciation Expense	Enter a dollar amount
Select an item Purchase of EquipmentPayment of Cash DividendsNet IncomeDepreciation ExpenseIncrease in Accounts ReceivableSale of EquipmentConstruction of EquipmentLoss on Disposal of Plant AssetsDecrease in Accounts Payable	Enter a dollar amount
		Enter a total amount for section two
Select an item Net IncomeDepreciation ExpenseLoss on Disposal of Plant AssetsSale of EquipmentPurchase of EquipmentConstruction of EquipmentPayment of Cash DividendsIncrease in Accounts ReceivableDecrease in Accounts Payable		Enter a dollar amount

orted in the investing activities section as a decrease in cash of $54,400.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)