Further analysis reveals that accounts payable pertain to merchandise creditors. Prepare a statement of cash flows for Bramble Inc. using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

LUITUCISCUTII LIGI LOLA UI DI CIVIC III. TUTTUV. BRAMBLE INC. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $105,400 $48,900 Accounts receivable 91,000 33,700 Inventory 111,400 101,900 Prepaid expenses 29,700 25,100 Long-term investments 139,800 114,100 Plant assets 274,500 241,200 Accumulated depreciation (46,900) (51,600) Total $704,900 $513,300 Liabilities and Stockholders' Equity Accounts payable $111,400 $67,300 Accrued expenses payable 16,400 17.300 Bonds payable 119,400 150,000 Common stock 220,100 175,300 Retained earnings 237,600 103,400 Total $704,900 $513,300 BRAMBLE INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $392,600 Less: Cost of goods sold $135,400 Operating expenses, excluding depreciation 12.500 Depreciation expense 31,500 Income tax expense 27,900 Interest expense 4,400 Loss on disposal of plant assets 7,500 219,200 Net income $173,400 Additional information: 1. New plant assets costing $79,900 were purchased for cash during the year. 1. New plant assets costing $79,900 were purchased for cash during the year. Old plant assets having an original cost of $46,600 and accumulated depreciation of $36,200 were sold for $2,900 cash. 2. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $39,200 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Further analysis reveals that accounts payable pertain to merchandise creditors. Prepare a statement of cash flows for Bramble Inc. using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) BRAMBLE INC. Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Cash Receipts from Customers Less cash payments: To Suppliers For Operating Expenses For Interest For Income Taxes Net Cash Used by Financing Activities Cash Flows from Investing Activities Purchase of Plant Assets Sale of Plant Assets Sale of Investments Net Cash Used by Financing Activities Cash Flows from Financing Activities Issuance of Common Stock Sale of Plant Assets Sale of Investments Net Cash Used by Financing Activities 2 Cash Flows from Financing Activities Issuance of Common Stock Redemption of Bonds ON Payment of Cash Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period $ e Textbook and Media Save for Later Attempts: 2 of 3 used Submit