Wildhorse Adventures Ltd$.($WAL$)$ is a Canadian manufacturer of Class B motorhomes. The company has been experiencing

exponential growth and is preparing to raise additional capital to fund its growth. As the vice$-$president of finance, you are tasked with

preparing the statement of cash flows that is required as part of the loan application or a public offering. You have the statement of

financial position and the statement of income to help you prepare the statement of cash flows. In addition, you also have the following

information:

In October, WAL acquired land with a value of $$223,400$ by issuing common shares with an equivalent value. The land is to be

used as a site for a new manufacturing facility WAL. hopes to construct in the next year.

In February, WAL sold equipment for $$9,400$ cash. The equipment had originally cost $$223,400$ and had a net carrying

amount of $$27,400$ at the time of sale.

During the year, the company borrowed $$24,300$ by increasing its bank loan payable.

Using the information above. prepare the statement of cash flows for Wildhorse Adventures Ltd$.$ for the vear ended March $31.$

$2024,$ using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$s$,-15,000$ or in parenthesis

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

Non$-$cash investing and financing activities:

During the year, land with a value of $

was acquired by issuing common shares of the same value.