6500 61500 View Policies Current Attempt in Progress The following information is available for Novak Corp. for the year ended December 31 2022 Beginning cash balance $36.000 Accounts payable increase 8.550 Depreciation expense Accounts receivable decrease 7200 Inventory decrease 4,650 Net income 85,800 Cash received for sale of land at book value 156,000 Cash dividends paid 57.000 Income taxes payable decrease 5.850 Cash used to purchase land 121.500 Cash used to redeem bonds 99.000 Cash received from issuing stock 240,000 Prepare a statement of cash flows using the Indirect method. (Show amounts that decrease cash flow with ether (15,0001) n es. 15.000 or in parenthesises Novak Corp. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to homewo