all one question

19,500 (I) Accumulated depreciation Total assets (28,250) $2,111,256 (8,750) $116,750 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable $ $ $ 30,600 (I) 34,000 900 16,000 30,000 823, 212 3,400 900 14,300 1,700 30,000 790,212 (I) (I) (I) 33,000 Other current liabilities Notes payable (current and long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings Treasury stock Total liabilities and stockholders' equity 150,000 1,177,000 60,144 (180,000) $2,111,256 20,000 0 34,950 130,000 (I) 1,177,000 (I) 25,194 (I) (180,000) (I) $116, 750 Additional Information for 2022: 1. Land of $800,000 was obtained by issuing a note payable to the seller. 2. Buildings of $890,000 and equipment of $37,900 were purchased using cash. 3. Monthly payments during the year reduced notes payable by $9,788. 4. Issued common stock for $1,300,000. 5. Purchased 13,000 shares of treasury stock for $30 per share 6. Sold 7,000 shares of treasury stock at $31 per share. 7. Declared and paid a cash dividend of $15,000. Required: Prepare the statement of cash flows for the year ended December 31, 2022, using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) Required: Prepare the statement of cash flows for the year ended December 31, 2022, using the indirect method. (List cash outflows and any decrease in cash as negative amounts.) GREAT ADVENTURES, INC. Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net income $ 40,194 Adjustments to reconcile net income to net cash flows from operating activities: Depreciation expense 19,500 Increase in accounts receivable 50,300 Increase in accounts payable Increase in inventory Decrease in other current assets Increase in income tax payable Increase in other current assets $ 109,994 Net cash flow from operating activities Cash Flows from Investing Activities | $ 109,994 Net cash flow from operating activities Cash Flows from Investing Activities Net cash flow from investing activities Cash Flows from Financing Activities Net cash flows from financing activities 109,994 Cash at the beginning of the period Cash at the end of the period | $ 109,994 Note: Noncash Activities