Blue Spruce Corp. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $57,400 $47,000 Accounts receivable 41,900 62,900 Inventory 150,400 145,300 Prepaid expenses 14,500 23,000 Land 141,500 130,600 Buildings 200,300 200,300 Accumulated depreciation-buildings (56,300) (30,900) Equipment 229,900 156,300 Accumulated depreciation-equipment (42,500) (35,300) Total $737,100 $699,200 Liabilities and Stockholders' Equity Accounts payable $46,200 $39,200 Bonds payable 260,000 260,000 Common stock, $1 par 190,000 159,100 Retained earnings 240,900 240,900 Total $737,100 $699,200 Additional information: 1. Operating expenses include depreciation expense of $42,000 ($25,400 of depreciation expense for buildings and $16,600 for equipment). 2. Land was sold for cash at book value. 3. Cash dividends of $44,500 were paid. 4. Net income for 2022 was $44,500. 5. Equipment was purchased for $95,100 cash. In addition, equipment costing $21,500 with a book value of $12,100 was sold for $6,000 cash. 6. 30.900 shares of $1 par value common stock were issued in exchange for land with a fair value of $30,900. Prepare a statement of cash flows for the year anded December 31, 2022, using the indirect method. (Show amounts that decrease cast flow with either a-signes.-15,000 or in parenthesis es (15,000) Blue Spruce Corp. Statement of Cash Flows Adjustments to reconcile net income to V S