The three accounts shown below appear in the general ledger of Herrick Corp. during 2017 Equipment Date Jan. 1 July 31 Sept. 2 Nov. 10 Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold Debit Credit Balance 162,000 232,500 283,500 49,900 233,600 70,500 51,000 Accumulated Depreciation-Equipment te an. 1 Balance Nov. 10 Accumulated depreciation on equipment sold Dec. 31 Depreciation for year Debit Credit Balance 0,400 0,900 23,000 63,900 29,500 Retained Earnings an. 1 Balance Aug. 23 Dividends (cash) Dec. 31 Net income Debit Credit Balance 104,700 9,900 65,700 154,600 15,800 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 equipment was $4,600. (Hint: Cost of equipment constructed is reported in the investing activites section as a decrease in cash o ssi,00 (Show amounts that decrease cash flow with either a sign?15,000 or in parenthesis e.g. (15,000),) HERRICK CORP of Cash Flows Adjustments to reconcile net income to