CONCORD Company Comparative Balance Sheets December 31 Assets 2022 Cash $73,000$33,400 Accounts receivable 86,50070,900 Inventory 170,00072,900261,000187,000100,300200,700 Land Equipment $597,400(66,000)$558,100(34,200) Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock (\$1 par) Retained earnings Total $597,400196,700$558,100132,200 Additional information: 1. Net income for 2022 was $101,800. 2. Depreciation expense was $31,800. 3. Cash dividends of $37,300 were declared and paid. 4. Bonds payable with a carrying value of $54,800 were redeemed for $54,800 cash. 5. Common stock was issued at par for $41,200 cash. 6. No equipment was sold during 2022. 7. Land was sold for its book value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either 15,000, or in parenthesis e. (15,000)