Condensed financial data of Sheffield Corp. follow. Sheffield Corp. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 96,960 $ 58,080 Accounts receivable 105,360 45,600 Inventory 135,000 123,420 Prepaid expenses 31,200 Long-term investments 34,080 165,600 342,000 (60,000) Plant assets 130,800 291,000 (62,400) Accumulated depreciation Total $819,000 $617,700 Liabilities and Stockholders' Equity Accounts payable $ 122,400 19,800 $80,760 25,200 Accrued expenses payable Bonds payable 132,000 175,200 Common stock 264,000 280,800 210,000 126,540 Retained earnings Total $819,000 $617,700 Sheffield Corp. Income Statement Data For the Year Ended December 31, 2022 Sales revenue $466,152 Less: Cost of goods sold $162,552 Operating expenses, excluding depreciation 14,892 Depreciation expense 55,800 Income tax expense 32,736 Interest expense 5,676 Loss on disposal of plant assets 9,000 280,656 Net income $ 185,496 Additional information: 1. New plant assets costing $120,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $69,000 and accumulated depreciation of $58,200 were sold for $1,800 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $31,236 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-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Sheffield Corp. Statement of Cash Flows For the Year Ended December 31, 2022 A Adjustments to reconcile net income to