You have been provided with the following comparative information from the December 31, 2016 Statement of Financial Position for Kabakwa Resource Management Ltd.: Kabakwa Resource Management Ltd. Information from Statement of Financial Position 2016 2015 Assets Cash $ 74,000 $ 61,000 Accounts Receivable 73,000 60,000 Prepaid Insurance 13,000 17,000 Land 18,000 40,000 Equipment at cost 70,000 60,000 Accumulated Depreciation (20,000) (13,000) 228,000 225,000 Accounts Payable 11,000 6,000 Dividend Payable 35,000 21,000 Bonds Payable 21,000 19,000 Common Shares 140,000 115,000 Retained Earnings 21,000 55,000 228,000 225,000* *Typo in the balance sheet does not affect the marking key Additional information for 2016: 1. Net loss for 2016 is $15,000 2. In the current year, Kabakwa Resource Management Lid., sold land for cash resulting in a loss of $6,000. This was the only land transaction during the year. 3. Equipment with a cost of $25,000 and accumulated depreciation of $10,000 was sold for $5,000 cash. 4. $12,000 of bonds were retired during the year at their carrying amount. In addition, some bonds payable were issued for cash. 5. Equipment was acquired for common shares. The fair value of the shares at the time of the exchange was $15,000. Any other equipment acquisitions were for cash. REQUIRED Prepare in good form a Statement of Cash Flow for the year ended December 31, 2016. Kabakwa uses the indirect method to report cash flow from operations