Ayayai Inc. had the following statement of financial position at the end of operations for $2022$:

During $2023,$ the following occurred:

Ayayai liquidated its $FV-Nl$ investments portfolio at a loss of $$10,140.$

A parcel of land was purchased for $$43,140.$

An additional $$30,000$ worth of common shares was issued.

Dividends totalling $$15,140$ were declared and paid to shareholders.

Net income for $2023$ was $$40,140,$ including $$17,140$ in depreciation expense.

Land was purchased through the issuance of $$35,140$ in additional bonds.

At December $31,2023,$ Cash was $$75,340$; Accounts Receivable was $$47,140$; and Accounts Payable was $$45,140.$

$1.$ Prepare a statement of cash flows for the year ended December $31,2023,$ using the indirect method. Assume dividends paid are treated as financing activites.Prspare a statament of cash flavs for the year ended December $31,2023,$ using the indirset mathod. Assume dividends paid are

treated as financing activities. $($Show amounts that decrease cash flow with either a $-$ sign eg$.-15,000$ or in parenthesis e$.$g $(15,000).)$

AYAYAI INC

Statement of Cash Flows

For the Yas Ended Decsmbar $31,2023$

Cah at Baylining of vaer

$

Adjustments to reconcile net income to

nat cash provided by operating activities:

$

longrightarrow

Ayayai purchasad land at a cost of $

in evchange for additional bonds payable.