CALCULATOR PRINTER VERSION 4 BACK Problem 12-09A Condensed financial data of Oniole Company follow. Oriole Company Comparative Balance Sheets December 31 Assets 2022 Cash $ 161,600 Accounts receivable 175,600 Inventory 225,000 Prepaid expenses 56,800 Long-term investments 276,000 Plant assets 570,000 Accumulated depreciation (100,000) Total $1,365,000 Liabilities and Stockholders' Equity Accounts payable $ 204,000 Accrued expenses payable 33,000 Bonds payable 220,000 Common stock 440,000 Retained earnings 468,000 Total $1,365,000 2021 $ 96,800 76,000 205,700 52,000 218,000 485,000 (104,000) $1,029,500 $ 134,600 42,000 292,000 350,000 210,900 $1,029,500 $776,920 Oriole Company Income Statement Data For the Year Ended December 31, 2022 Sales revenue Less: Cost of goods sold $270,920 Operating expenses, excluding depreciation 24,820 Depreciation expense 93,000 Income tax expense 54,560 Interest expense 9,460 Loss on disposal of plant assets 15,000 Net income 467,760 $ 309,160 2. Additional information: 1. New plant assets costing $200,000 were purchased for cash during the year. Old plant assets having an original cost of $115,000 and accumulated depreciation of $97,000 were sold for $3,000 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $52,060 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with eit 3 - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Oriole Company Statement of Cash Flows CARRATO PRINTERVER RACK NE Prepare a statement of cash flows using the Indirect method. (Show amounts that decrease cash flow with either a sign 15.000 or in parenthesis (15.000).) Oriole Company Statement of Cash Flows Adjustments to reconcile net income to > >> > > > > > >