Exercise 12-08 The following information is available for Windsor, Inc. for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation expense $13,200 3,135 22,550 2,640 1,705 31,460 Accounts receivable decrease Inventory decrease Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable decrease Cash used to purchase land 57,200 20,900 2,145 44,550 36,300 88,000 Cash used to redeem bonds Cash received from issuing stock Prepare a statement of cash flows using the indirect method. (Show amoiunts that decrease cash flow with Windsor, Inc. Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities