Exercise 12-07 The following information is available for Sheffield Corp. for the year ended December 31, 2022 Beginning cash balance $ 49,500 Accounts payable decrease 4,070 Depreciation expense 178,200 Accounts receivable increase 9,020 Inventory increase 12,100 Net income 312,510 Cash received for sale of land at book value 38,500 Cash dividends paid 13,200 Income taxes payable increase 5,170 Cash used to purchase building 317,900 Cash used to purchase treasury stock 28,600 Cash received from issuing bonds 220,000 Prepare a statement of cath tows using the indirect method. (Show amounts that decrease cash flow with either a sign ong. 15,000 or in parenthesis and Sheffield Corp Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to LA > > > >