2. The comparative balance sheet of Sokos Inc. for December 31, 2022 and 2021, is as follows: Dec. 31, 2022 Dec. 31, 2021 Assets Cash.. $183 $ 14 Accounts receivable (net) ..55 49 Inventories 117 99 Land.. 250 330 Equipment 205 175 Accumulated depreciation equipment .(68) (42) Total assets. $742 $625 Liabilities and Stockholders 'Equity Accounts payable (merchandise creditors) $ 51 $ 37 Dividends payable 5 Common stock, $1 par. 125 80 Paid-in capital: Excess of issue price over par- -common stock. 85 70 Retained earnings 476 438 Total liabilities and stockholders 'equity $742 $625 The following additional information is taken from the records: 1. Land was sold for $120. 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year. 4. The common stock was issued for cash. 5. There was a $62 credit to Retained Earnings for net income. 6. There was a $24 debit to Retained Earnings for cash dividends declared. Instructions Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities