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The following information is available for Indigo Corporation for the year ended December 31, 2022. $76,500 Beginning cash balance Accounts payable decrease 6,290 Depreciation expense 275,400 Accounts receivable increase 13,940 18,700 Inventory increase 482,970 Net income Cash received for sale of land at book value 59,500 Cash dividends paid 20,400 Income taxes payable increase 7,990 Cash used to purchase building 491,300 Cash used to purchase treasury stock 44,200 Cash received from issuing bonds 340,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Indigo Corporation Statement of Cash FlowsIndirect Method Adjustments to reconcile net income to 2$ %24