Bonita Corporation's comparative balance sheets are presented below.

A) Prepare a statement of cash flows for 2022 using the indirect method.

only A is needed

part B is needed as well.

6 Bonita Corporation's comparative balance sheets are presented below. BONITA CORPORATION Comparative Balance Sheets December 31 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total Accounts payable Common stock Retained earnings 2022 $15,000 21,300 20,400 70.100 (15,000) $111.800 $12,400 74,000 25,400 2021 $10,000 23,400 25,700 70,100 (10,900) $118,300 $30,600 70,400 17,300 Total Accounts payable Common stock Retained earnings Total Additional information: 1. 2. 3. $111,800 $12,400 74,000 25,400 $111,800 $118,300 $30,600 70,400 17,300 $118,300 Net income was $23,100. Dividends declared and paid were $15,000. No noncash investing and financing activities occurred during 2022. The land was sold for cash of $5,000. (a) Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign eg. -15,000, or in parenthesis e.g. (15,000)) BONITA CORPORATION Statement of Cash Flows Adjustments to reconcile net income to t |||| S eTextbook and Media. Save for Later: $ Attempts: 0 of 1 used Submit Answer (b). Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow $ eTextbook and Medial Save for Later Attempts: 0 of 1 used Submit