A comparative balance sheet for Carla Vista Company appears below:

CARLA VISTA COMPANY

Comparative Balance Sheet

Dec. $31,2022$

Dec. $31,2021$

Assets

Additional information:

Net income for the year ending December $31,2022$ was $$45,000.$

Cash dividends of $$25,000$ were declared and paid during the year.

Long$-$term investments that had a cost of $$37,000$ were sold for $$24,000.$

Sales for $2022$ were $$130,000.$

No equipment was sold during the year.

Prepare a statement of cash flows for the year ended December $31,2022$ using the

indirect method. $($Show amounts that decrease cash flow with either a $-$ sign e$.$g$.$

$-15,000$ or in parenthesis e$.$g$.(15,000).)$

CARLA VISTA COMPANY

Statement of Cash Flows

Adjustments to reconcile net income to