The following three summaries indicate activity in Oriole Corp. during $2027.$

From the postings in the accounts, indicate how the information is reported by preparing a partial statement of cash flows using the

indirect method. The loss on disposal of plant assets was $$5,600.($Hint: Cost of equipment constructed is reported in the investing

activities section as a decrease in cash of $$37,100.)($Show amounts that decrease cash flow with either $a-$ sign e$.$g$.-15,000$ or in parentheses

e$.$g$.(15,000).)$

ORIOLE CORP.

Partial Statement of Cash Flows

For the Year Ended December $31,2027$

Cash Flows from Operating Activities

Net Income

$

Adjustments to reconcile net income to

Net Cash Provided by Operating Activities

Depreciation Expense

$

Loss on Disposal of Plant Assets

Net Cash Provided by Operating Activities

Cash Flows from Investing Activities

Construction of Equipment

Purchase of Equipment

Sale of Equipment

Net Cash Used by Investing Activities

Cash Flows from Financing Activities

Payment of Cash Dividends

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