eBook Company's most recent balance sheet, income statement, and other important information for 2022 are presented below. eBook Company Balance Sheet 2022 2021 Assets Current Assets Cash $ 590,000 $ 720,000 Accounts receivable 710,000 540,000 600,000 360,000 50,000 72,000 Merchandise inventory Prepaid expenses Noncurrent Assets Property plant, and equipment 1,000,000 920,000 Accumulated (620,000) (520,000) depreciation Long- term investments 280,000 350,000 uncements nments Total assets $2,610,000 $2,442,000 ssions ES ules Liabilities and Owners Equity Current Liabilities Ees Accounts payable $ $ 120,000 178,000 34,000 60,000 46,000 34,000 32.000 22,000 Accrued liabilities Interest payable Income tax payable Noncurrent Liabilities Bonds payable Owners' Equity Common stock 216,000 30.000 1,360,000 1,338,000 Retained earnings 802,000 780,000 Total liabilities and $2,610,000 $2.442.000 owners equity nts eBook Company Income Statement For the Year Ended December 31, 2022 Sales $1,960,000 Cost of goods sold 1,204,000 Gross margin 756,000 270.000 260,000 226,000 Operating expenses Depreciation expense Operating income Interest expense Gain on sale of equipment Loss on sale of long-term investments (26,000) 40,000 (6,000) Income before taxes 234.000 Income tax 160,000 expense Net income 74,000 . - Additional data for 2022: Sold equipment with a book value of $38,000 (= $198,000 cost - $160,000 accumulated depreciation) for $78,000 cash. Purchased equipment for $278,000 cash. Sold long-term investments for $74,000 cash. These investments had an original cost of $80,000. Purchased long-term investments for $10,000 cash. Issued bonds for $186,000 cash. Issued common stock for $22,000 cash. Declared and paid $52,000 in cash dividends. Required: Prepare a statement of cash flows for the year ended December 31, 2022, using the indirect method