\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{c} Splish Brothers Inc. \\ Comparative Balance Sheets \\ December 31 \end{tabular}} \\ \hline Assets & 2022 & 2021 \\ \hline Cash & $218,160 & $130,680 \\ \hline Accounts receivable & 237,060 & 102,600 \\ \hline Inventory & 303,750 & 277,695 \\ \hline Prepaid expenses & 76,680 & 70,200 \\ \hline Long-term investments & 372,600 & 294,300 \\ \hline Plant assets & 769,500 & 654,750 \\ \hline Accumulated depreciation & (135.000) & (140,400) \\ \hline Total & $1,842,750 & $1,389.825 \\ \hline \end{tabular} Liabilities and Stockholders' Equity \begin{tabular}{lrr} \hline Accounts payable & $275,400 & $181,710 \\ Accrued expenses payable & 44,550 & 56,700 \\ Bonds payable & 297,000 & 394,200 \\ Common stock & 594,000 & 472,500 \\ Retained earnings & 631,800 & 284,715 \\ Total & $1,842,750 & $1,389,825 \\ \hline \hline \end{tabular} Splish Brothers Inc. Income Statement Data For the Year Ended December 31, 2022 Sales revenue $1,048,842 Less: \begin{tabular}{|c|c|c|} \hline \begin{tabular}{l} Splish Brothers In \\ Income Statement D \\ For the Year Ended Decemb \end{tabular} & 31,2022 & \\ \hline Sales revenue & & $1,048,842 \\ \hline Less: & & \\ \hline Cost of goods sold & $365,742 & \\ \hline Operating expenses, excluding depreciation & 33,507 & \\ \hline Depreciation expense & 125,550 & \\ \hline Income tax expense & 73,656 & \\ \hline Interest expense & 12,771 & \\ \hline Loss on disposal of plant assets & 20,250 & 631,476 \\ \hline Net income & & $417,366 \\ \hline \end{tabular} 1. New plant assets costing $270,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $155,250 and accumulated depreciation of $130,950 were sold for $4,050 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $70,281 was declared and paid during the year. Prepare a statement of cash flows 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)