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2022 2021 Cash $ 287,000 $ 134,000 Accounts receivable 196,000 142,000 Inventory 228,000 191,000 Presented below is information related to the operations of Tequila Mockingbird

2022 2021 Cash $ 287,000 $ 134,000 Accounts receivable 196,000 142,000 Inventory 228,000 191,000 Presented below is information related to the operations of Tequila Mockingbird Bar & Grill, Inc.: 2022 $ 926,000 (457,000) 469,000 Sales Cost of goods sold Gross profit Land 42,000 100,000 Depreciation expense 40,000) Furniture 142,000 142,000 Other operating expenses 309,000) Acc. depreciation (furniture) (80,000) (58,000) Operating income 120,000 Building 192,000 Acc. depreciation (furniture) (100,000) 192,000 (82,000) Gain on sale of land 56,000 Net income 176,000 Total assets $ 907,000 $ 761,000 Accounts payable $ 113,000 $ 124,000 Unearned revenue 81,000 0 Notes payable 155,000 159,000 Common stock Treasury stock 442,000 442,000 ( 52,000) 0 168,000 36,000 $ 907,000 $ 761,000 Retained earnings Total liabilities and stockholders' equity Additional information: In 2022, Tequila Mockingbird Bar & Grill, Inc., declared and paid a cash dividend. Land was sold for cash. A portion of notes payable was repaid to the bank. Tequila Mockingbird Bar & Grill, Inc., repurchased some of its common stock at par value. No other transactions occurred related to stock. QUESTION: Prepare the complete Statement of Cash Flows for Tequila Mockingbird Bar & Grill, Inc., in the proper format, for the year ending December 31, 2022. Use the method discussed in our lecture (i.e., indirect method). Don't forget to use proper headings and labels

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