COMPARATIVE STATEMENTS OF FINANCIAL POSITION AS OF DECEMBER 31, 2022 AND 2021 2022 2021 Debt investments (held-for-collection) 1,200 1,470 Plant assets 2,150 1,800 Accumulated depreciation (1,400) (1,320) Inventory 1,800 1,950 Accounts receivable 1,950 1,450 Cash 1,950 1,100 7,650 6,450 Share capital-ordinary 2,150 1,800 Retained earnings 2,400 1,600 Bonds payable 1,400 1,700 Accounts payable 1,400 900 Accrued liabilities 300 450 7,650 6,450 IVANHOE SA INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2022 Sales revenue 7,170 Cost of goods sold 4,700 Gross margin 2,470 Selling and administrative expenses 910 Income from operations 1,560 Other revenues and gains Gain on sale of investments 50 Income before tax 1,610 Income tax expense 550 Net income 1,060 Additional information: During the year, 70 of ordinary shares were issued in exchange for plant assets. No plant assets were sold in 2022. Cash dividends were 260. 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).) IVANHOE SA Statement of Cash Flows V (Indirect Method) Adjustments to reconcile net income to