Cleancarpet Vacuums sells vacuum accessories. At the end of $2023,$ the income statement and comparative balance sheet were prepared as shown below.Cleancarpet VacuumsBalance SheetAs at March $3120232022$AssetsCurrent AssetsCash$$155,275$$$62,900$Accounts Receivable$$83,800$$$91,100$Merchandise Inventory$$220,000$$$191,900$Prepaid Expenses$$14,000$$$14,000$Total Current Assets$$473,075$$$359,900$Noncurrent AssetsLand$$0$$$45,000$Equipment$$334,000$$$334,000$Less: Accumulated Depreciation$$-25,300$$$-20,700$Total Noncurrent Assets$$308,700$$$358,300$Total Assets$$781,775$$$718,200$LiabilitiesCurrent LiabilitiesAccounts Payable$$49,400$$$44,800$Notes Payable, Current Portion$$9,700$$$9,700$Total Current Liabilities$$59,100$$$54,500$Notes Payable, Long$-$Term Portion$$51,300$$$61,000$Total Liabilities$$110,400$$$115,500$Stockholders' EquityCommon Stock$$144,000$$$144,000$Retained Earnings$$527,375$$$458,700$Total Stockholders' Equity$$671,375$$$602,700$Total Liabilities and Equity$$781,775$$$718,200$Additional Information:During $2023,$ land was sold for a gain of $$5,600.$ There was no purchase of equipment throughout the year.Cleancarpet VacuumsIncome StatementFor the Year Ended March $31,2023$Sales$$558,000$Cost of Goods Sold$$334,800$Gross Profit$$223,200$Operating ExpensesDepreciation Expense$$4,600$Other Operating Expenses$$64,700$Total Operating Expenses$$69,300$Income from Operations$$153,900$Other Income and ExpensesGain on Sale of Land$$5,600$Income before Income Tax$$159,500$Income Tax$$55,825$Net Income$$103,675$Create the cash flow statement using the indirect method.Do not enter dollar signs or commas in the input boxes.Use the negative sign for a decrease in cash.Cleancarpet VacuumsCash Flow StatementFor the Year Ended March $31,2023$Cash Flow from Operating ActivitiesNet IncomeAnswerAdjustments to Reconcile Net Income to CashDepreciation ExpenseAnswerGain on Sale of LandAnswerChanges in Operating Assets and LiabilitiesDecrease in Accounts ReceivableAnswerIncrease in Merchandise InventoryAnswerIncrease in Accounts PayableAnswerNet Cash Provided $($Used$)$ by Operating ActivitiesAnswerCash Flow from Investing ActivitiesSale of LandAnswerNet Cash Provided $($Used$)$ by Investing ActivitiesAnswerCash Flow from Financing ActivitiesPayment of Notes PayableAnswerPayment of Cash DividendAnswerNet Cash Provided $($Used$)$ by Financing ActivitiesAnswerNet increase $($decrease$)$ in cashAnswerCash at the Beginning of the YearAnswerCash at the End of the YearAnswer