ECES Exercise 12-07 Part Your answer is partially correct. Try again. The following information is available for Shamrock, Inc. for the year ended December 31, 2022. Beginning cash balance $ 81,000 Accounts payable decrease 6,660 Depreciation expense 291,600 Accounts receivable increase 14,760 Inventory increase 19,800 Net income 511,380 Cash received for sale of land at book value 63,000 Cash dividends pald 21,600 Income taxes payable increase 8,460 Cash used to purchase building 520,200 Cash used to purchase treasury stock 46,800 Cash received from issuing bonds 360,000 Study 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).) CALCULATOR FULL SCREEN PRINTER VERSION BACK Shamrock, Inc. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities ay Depreciation Expense Increase in Accounts Receivable Ibll Increase in Inventory Decrease in Accounts Payable Increase in Income Taxes Payable RCES ork Net Cash Provided by Operating Activities Cash Flows from Investing Activities (Part Sale of Land by Study Purchase of Building Net Cash used by Investing Activities Cash Flows from Financing Activities - Issuance of Bonds Payment of Dividend Purchase of Treasury Stock ce Assignment Gradebook ORION Downloadable eTextbook ment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Issuance of Bonds Payment of Dividend Purchase of Treasury Stock Net Cash Provided by Financing Activities ill i lll ay Net Increase in Cash Cash at Beginning of Period Cash at End of Period LINK TO TEXT LINK TO VIDEO Question Attempts: 1 of 5 used