The three accounts shown below appear in the general ledger of Waterway Corp. during 2020. Equipment Debit Credit Balance 172,000 87,000 259,000 68,000 327,000 69,000 258,000 Date Jan. 1 Balance July 31 Purchase of equipment Sept. 2 Cost of equipment constructed Nov. 10 Cost of equipment sold Accumulated Depreciation-Equipment Date Debit Credit Balance Jan. 1 Balance 89,000 Nov. 10 Accumulated depreciation on equipment sold 42,000 47,000 Dec. 31 Depreciation for year 32,000 79,000 Retained Earnings Date Jan. 1 Balance Debit Credit Balance 123,000 Aug. 23 Dividends (cash) Dec. 31 Net income 27,000 96,000 62,000 158,000 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 sale of equipment was $13,000. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $68,000.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Adjustments to reconcile net income to WATERWAY CORP Partial Statement of Cash Flows $ $ < > > > < > +A