Crane Corporation's comparative balance sheets are presented below. CRANE CORPORATION Comparative Balance Sheets December 31 2022 2021 Cash $ 14,200 $ 11,000 Accounts receivable 21,500 23,500 Land 19,600 25,800 Buildings 70,100 70,100 Accumulated depreciation-buildings (15,400) (10,500) Total $ 110,000 $ 119,900 Accounts payable $ 11,900 $ 30,700 Common stock 75,900 70,600 Retained earnings 22,200 18,600 Total $ 110,000 $ 119,900 Additional information: 1. Net income was $ 22,500. Dividends declared and paid were $ 18,900. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $ 4,900. (a) Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-signeg. -15,000, or in parenthesis eg. (15,000).) CRANE CORPORATION Statement of Cash Flows Adjustments to reconcile net income to V $ > > $ e Textbook and Media Save for Later Attempts: 0 of 1 used Submit Answer (b) Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free cash flow e Textbook and Media Save for Later Attempts: 0 of 1 used Submit