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Condensed financial data of Sunland Company follow. Sunland Company Income Statement Data For the Year Ended December 31, 2022 Sales revenue $582,690 Less: Cost of

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Condensed financial data of Sunland Company follow. Sunland Company Income Statement Data For the Year Ended December 31, 2022 Sales revenue $582,690 Less: Cost of goods sold Operating expenses, excluding depreciation $203,190 18,615 Additional information: 1. New plant assets costing $150,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $86,250 and accumulated depreciation of $72,750 were sold for $2,250 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $39,045 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). Sunland Company Statement of Cash Flows $ Adjustments to reconcile net income to $

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