Condensed financial data of Waterway Inc. follow. Question 2 of 2 150 \begin{tabular}{|c|c|c|} \hline Bonds payable & 115,600 & 149,500 \\ \hline Commonstock & 220,700 & 175,900 \\ \hline Retained earnings & 240,600 & 101,700 \\ \hline Total & $704,700 & $511,600 \\ \hline \end{tabular} WATERWAY INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $391,400 Less: Cost of goods sold Operating expenses, excluding depreciation Depreciation expense Income tax expense Interest expense Loss on disposal of plant assets. Net income \begin{tabular}{|c|c|} \hline 134,600 & \\ \hline 12,300 & \\ \hline 33,200 & \\ \hline 26,800 & \\ \hline 4,400 & \\ \hline 7,500 & 218,800 \\ \hline & $172,600 \\ \hline \end{tabular} Additional information: 1. New plant assets costing $80,900 were purchased for cash during the year. 2. Old plant assets having an original cost of $48,800 and accumulated depreciation of $38,300 were sold for $3,000 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $33,700 was declared and paid during the year. 5. Common stock was issued at par for cask 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 o sisn e.s