Current Attempt in Progress Martinez Company reported the following information for 2025 . Martinez Company Comparative Balance Sheets December 31 Additional information: 1. Operating expenses include depreciation expense of $104,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $221,000 were declared and paid in 2025 . 4. Equipment with a cost of $431,600 was purchased for cash. Equipment with a cost of $132,600 and a book value of $93,600 was sold for $88,400 cash. 5. Bonds of $130,000 were redeemed at their face value for cash. 6. Common stock ( $1 par) was issued at par for $442,000 cash. Use this information to 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). MARTINEZ COMPANY Statement of Cash Flows - Indirect Method $ Adjustments to reconcile net income to $ $