Lily Corporation's comparative balance sheets are presented below. LILY CORPORATION Comparative Balance Sheets December 31 2022 2021 Cash $14,800 $10,400 Accounts receivable 20.700 23,100 Land 20,500 26,200 Buildings 69,600 69,600 Accumulated depreciation-buildings (14,800) (10,800) Total $110,800 $118,500 Accounts payable $12,800 $27.900 Common stock 74,000 71,400 Retained earnings 24,000 19,200 Total $110,800 $118,500 Additional information: 1. Net income was $22,200. Dividends declared and paid were $17,400. hp Question 4 of 4 Additional information: 1. 2 Net income was $22,200. Dividends declared and paid were $17,400. No noncash investing and financing activities occurred during 2022 The land was sold for cash of $4,600. 3. (a) - Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - signes. - 15,000, or in parenthesis eg. (15,000).) LILY CORPORATION Statement of Cash Flows - Indirect Method Adjustments to reconcile net income to hp Adjustments to reconcile net income to $ > $ > Question of e Textbook and Media Sowe Attempts: 0 of 3 used 54 (b) The parts of this question must be completed in order. This part will be available when you complete the part above 0 96 & 5 6 7 8 t 0