Here are comparative balance sheets for Syal Company. SYAL COMPANY Comparative Balance Sheets December 31 Assets 2012 2011 Cash $72,600 $22,270 Accounts receivable 85,590 76,280 Inventory 169,910 189,000 Land 75,730 101,590 Equipment 259,630 199,840 Accumulated depreciation%u2014equipment (66,330 ) (31,530 ) Total $597,130 $557,450 Liabilities and Stockholders%u2019 Equity Accounts payable $39,360 $47,480 Bonds payable 150,770 203,850 Common stock ($1 par) 217,390 172,210 Retained earnings 189,610 133,910 Total $597,130 $557,450 Additional information: 1. Net income for 2012 was $103,740. 2. Cash dividends of $48,040 were declared and paid. 3. Bonds payable amounting to $53,080 were redeemed for cash $53,080. 4. Common stock was issued for $45,180 cash. 5. No equipment was sold during 2012, but land was sold at cost. Prepare a statement of cash flows for 2012 using the indirect method