Current Attempt in Progress The comparative balance sheets for Sunland Company as of December 31 are as follows. SUNLAND COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 58,100 $ 49,600 Accounts receivable 43,500 52,200 Inventory 152,000 142,100 Prepaid expenses 16,500 22,500 Land 150,000 134,000 Buildings 196,700 196,700 Accumulated depreciationbuildings ( 63,100) ( 43,000) Equipment 231,700 157,600 Accumulated depreciationequipment ( 48,400) ( 35,200) Total $ 737,000 $ 676,500 Liabilities and Stockholders Equity Accounts payable $ 46,300 $ 39,300 Bonds payable 260,000 260,000 Common stock, $1 par 203,000 160,000 Retained earnings 227,700 217,200 Total $ 737,000 $ 676,500 Additional information: 1. Operating expenses include depreciation expense of $ 42,000 ($ 20,100 of depreciation expense for buildings and $ 21,900 for equipment). 2. Land was sold for cash at book value. 3. Cash dividends of $ 27,000 were declared and paid. 4. Net income for 2022 was $ 37,500. 5. Equipment was purchased for $ 95,600 cash. In addition, equipment costing $ 21,500 with a book value of $ 12,800 was sold for $ 9,100 cash. 6. 43,000 shares of $1 par value common stock were issued in exchange for land with a fair value of $ 43,000. Prepare a statement of cash flows for the year ended December 31, 2022, 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).)