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The following information is available for Bonita Industries for the year ended December 31, 2022 $ 15,600 3,705 26,650 3,120 Beginning cash balance Accounts payable increase Depreciation expense 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 Cash used to redeem bonds Cash received from issuing stock 2,015 37,180 67,600 24,700 2.535 52,650 42,900 104,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - signe g. -15,000 or in parenthesis eg. (15,000).) Bonita Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 , Cash Flows from Operating Activities 37.180 Net Income Adjustments to reconcile net income to Cash Flows from Operatine Activities Depreciation Expense V Increase in Accounts Receivable Increase in Inventorv $ 26,650 Increase in Income Taxes Pavable Decrease in Accounts Pavable 3,705 Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Issuance of Stock Net Cash used by Investing Activities Cash Flows from Financing Activities Redemption of Bonds Payment of Dividend Purchase of Land Net Cash Provided by Financing Activities 36,400 Net Increase in Cash 121,485 Cash at Beginning of Period SISG 15,600 Cash at End of Period 137.085 Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cash Net Increase in Cash