Condensed financial data of Bramble Corp. follow. Bramble Corp. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 137,360 $82,280 Accounts receivable 149.260 64,600 Inventory 191,250 174,845 Prepaid expenses 48,280 44,200 185,300 Long-term investments 234,600 Plant assets 484.500 412,250 Accumulated depreciation (85,000) $1,160,250 (88.400) $875,075 Total Liabilities and Stockholders' Equity Accounts payable $ 173.400 $ 114.410 Accrued expenses payable 35.700 Bonds payable Common stock 187.000 374.000 397,800 $1,160,250 248,200 297.500 179.265 $875,075 Retained earnings Total Bramble Corp. Income Statement Data For the Year Ended December 31, 2022 Sales revenue $660.382 Less: Cost of goods sold $230,282 Operating expenses, excluding depreciation 21,097 Depreciation expense 79,050 Income tax expense 46,376 Interest expense 8.041 12,750 Loss on disposal of plant assets 397,596 Net income $ 262,786 Additional information: 1. New plant assets costing $170,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $97,750 and accumulated depreciation of $82,450 were sold for $2,550 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $44,251 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a signes. - 15,000 or in parenthesis es (15,000) Bramble Corp Statement of Cash Flows For the Year Ended December 1.2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Acties Decrease in Accrued Expenses Payable s Increase in inventory Increase in Accounts Receivable Depreciation Expense Loss on Disposal of Plant Assets Increase in Prepaid Denses Increase in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of investments Purchase of Plant Assets Sale of Plant Assets Net Cash used by Investing Activities Cash Flows from Financing Acties Redemption of Bonde Sale of Common Stock Payment of Cash Dividende Net Cash used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period