The following three accounts appear in the general ledger of Headlands Industries during 2022. Equipment Date Debit Credit Jan. 1 July 31 Sept. 2 Nov. 10 Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold 91,000 68,900 Balance 208,000 299,000 367,900 304,200 63,700 Date Credit Jan. 1 Nov. 10 Dec. 31 Accumulated Depreciation Equipment Debit Balance Accumulated depreciation on equipment sold 20,800 Depreciation for year Balance 92,300 71,500 107,900 36,400 Retained Earnings Debit Credit Date Jan. 1 Aug. 23 Dec. 31 Balance Dividends (cash) Net income Balance 136,500 118,300 211,900 18,200 93,600 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 $10,400. (Hint: Cost of equipment constructed is reported in the investing activities