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