Condensed financial data of Crane Inc. follow.

CRANE INC. Comparative Balance Sheets December 31
Assets		2022			2021
Cash		$117,100			$47,400
Accounts receivable		93,000			32,700
Inventory		111,400			102,700
Prepaid expenses		30,000			25,300
Long-term investments		141,000			113,100
Plant assets		274,700			241,500
Accumulated depreciation		(46,100)			(51,500)
Total		$721,100			$511,200
Liabilities and Stockholders Equity
Accounts payable		$111,300			$67,100
Accrued expenses payable		16,100			17,400
Bonds payable		118,400			149,600
Common stock		220,900			174,000
Retained earnings		254,400			103,100
Total		$721,100			$511,200

CRANE INC. Income Statement For the Year Ended December 31, 2022
Sales revenue				$391,600
Less:
Cost of goods sold		$134,600
Operating expenses, excluding depreciation		12,200
Depreciation expense		30,600
Income tax expense		27,500
Interest expense		5,000
Loss on disposal of plant assets		7,500		217,400
Net income				$174,200

Additional information:

1.		New plant assets costing $79,700 were purchased for cash during the year.
2.		Old plant assets having an original cost of $46,500 and accumulated depreciation of $36,000 were sold for $3,000 cash.
3.		Bonds payable matured and were paid off at face value for cash.
4.		A cash dividend of $22,900 was declared and paid during the year.
5.		Common stock was issued at par for cash.
6.		There were no significant noncash transactions.

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).)

CRANE INC. Statement of Cash Flows Cash Flow from Operating Acties Net Income 174200 Adjustment to reconcile met Income to Cash at Bagning of Portes Degreciation Expenas 20600 Lour on Dagonal of Plant Aucts 7900 Increase in Accounts Receivable -80200 Increase in Inventory -2700 Increase in Presiden -4700 Increase in Accounts Payable 44200 Decreacin Accrued Esperace Payable -200 7200 Cash Flow from Operating A Cash Flow from Inveeting Activities Purchase of investments -27900 Sale of investments 2000 Purchase of Plant.Aasta -79700 Cash Flows from inveActive -104800 Net Cash Uasd by InveActive Resimpulan of Bande -21200 OOO OOO I !!! ance of Common Stock 48900 Payment of Cash Didende Cash Flow from -7200 Net Increase in Cash 47700 Cash at Beginning of Period 47400 Cash at End of Period 417900