A comparative balance sheet for Crane Company appears below: CRANE COMPANY Comparative Balance Sheet Dec. 31, 2022 Dec. 31, 2021 Assets Cash $36,000 $12,000 Accounts receivable Inventory Prepaid expenses Long-term investments Equipment 20,000 14,000 27,000 18,000 7,000 11,000 0 19,000 63,000 34,000 Accumulated depreciation-equipment Total assets (22,000) (16,000) $131,000 $92,000 Liabilities and Stockholder's Equity Accounts payable $19,000 $8,000 Bonds payable 37,000 47,000 Common stock 42,000 24,000 Detained earnings. 22.000 12.000 Liabilities and Stockholder's Equity Accounts payable $19,000 $8,000 Bonds payable 37,000 47,000 Common stock 42,000 24,000 Retained earnings 33,000 13,000 Total liabilities and stockholders' equity $131,000 $92,000 Additional information: 1. Net income for the year ending December 31, 2022 was $36,000. 2. Cash dividends of $16,000 were declared and paid during the year. 3. Long-term investments that had a cost of $19,000 were sold for $15,000. 4. Sales for 2022 were $121,000. 5. 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).) CRANE COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CRANE COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Depreciation Expense Sale of Long-term Investments Increase in Prepaid Expenses Increase in Accounts Receivable Purchase of Equipment Decrease in Accounts Receivable Increase in Accounts Payable Issuance of Common Stock Decrease in Accounts Payable Loss on Sale of Long-term Investments Decrease in Inventories Increase in Inventories Decrease in Prepaid Expenses Net Income Retirement of Bonds Payable Payment of Cash Dividends $ Net Cash Used by Investing Activities Cash Flows from Financing Activities Payment of Cash Dividends Issuance of Common Stock Retirement of Bonds Payable Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period