Condensed financial data of Sheridan Company follow. Sheridan Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 48,480 $ 29,040 Accounts receivable 52,680 22,800 Inventory 67,500 61,710 Prepaid expenses 17,040 15,600 Long-term investments 82,800 Plant assets 171,000 (30,000) 65,400 145,500 (31,200) Accumulated depreciation Total $409,500 $308,850 Liabilities and Stockholders' Equity Accounts payable $61,200 $ 40,380 Accrued expenses payable 9,900 12,600 Bonds payable 66,000 87,600 Common stock 132,000 105,000 Retained earnings 140,400 63,270 Total $409,500 $308,850 Sheridan Company Income Statement Data For the Year Ended December 31, 2022 Sales revenue $233,076 Less: Cost of goods sold $81,276 Operating expenses, excluding depreciation 7,446 Depreciation expense 27,900 Income tax expense 16,368 Interest expense 2,838 Loss on disposal of plant assets 4,500 140,328 Net income $ 92,748 Additional information: 1. New plant assets costing $60,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $34,500 and accumulated depreciation of $29,100 were sold for $900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $15,618 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).) Sheridan Company Statement of Cash Flows Adjustments to reconcile net income to