The following three accounts appear in the general ledger of Martinez Corp. during 2017.EquipmentDateDebitCreditBalanceJan. 1 Balance 372,960July 31 Purchase of equipment 163,170 536,130Sept. 2 Cost of equipment constructed 123,543 659,673Nov. 10 Cost of equipment sold 114,219 545,454Accumulated Depreciation—EquipmentDateDebitCreditBalanceJan. 1 Balance 165,501Nov. 10 Accumulated depreciation on equipment sold 37,296 128,205Dec. 31 Depreciation for year 65,268 193,473Retained EarningsDateDebitCreditBalanceJan. 1 Balance 244,755Aug. 23 Dividends (cash) 32,634 212,121Dec. 31 Net income 167,832 379,953From 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 $18,648. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $123,543.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)