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Question 9 of 12 -/1 Condensed financial data of Bramble Corp.follow. Bramble Corp. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $114.700 $48,900 Accounts receivable 92,400 33.100 Inventory 111,400 101,200 Prepaid expenses 29.400 25.500 Long-term investments 140.900 114,000 Plant assets 275.600 241300 Accumulated depreciation (46,300) (52,600 Total $718,100 $511400 Liabilities and Stockholders' Equity Accounts payable $111,500 $67.200 Accrued expenses payable 16,500 17,200 Bonds payable 114,000 149,000 Common stock 219.000 175,500 Retained earnings 257.100 102.500 Total $718,100 $511400 Bramble Corp Income Statement For the Year Ended December 31, 2022 Sales revenue $392,300 Less Cost of goods sold $134,800 Operating expenses excluding depreciation 11.600 Depreciation expense 28.700 Income tax expense 27,500 Interestexpense 4,000 Loss on disposal of plant assets 7500 214,100 Net income $178,200 Additional information: 1 New plant assets costing $79.800 were purchased for cash during the year. 2 Old plant assets having an original cost of $45 500 and accumulated depreciation of $35,000 were sold for $3,000 cash, Bonds payable matured and were paid offat face value for cash. 3. 4 Acash dividend of $23,600 was declared and paid during the year. Condensed financial date of Bramble Corp. Follow Bramble Corp. Comparative Balance Sheets December 31 Assets 2022 2021 Cash. $114.700 $48,900 Accounts receivable 92.400 33,100 Inventory 111,400 101,200 Prepaid expenses 29.400 25,500 Long-term investments 140.900 114,000 Plant assets 275.600 241,300 Accumulated depreciation (46,300) (52,600) Total $718.100 $511,400 Liabilities and Stockholders' Equity Accounts payable $111,500 $67,200 Accrued expenses payable 16.500 17,200 Bonds payable 114.000 149.000 Common stock 219.000 175.500 Retained earnings 257.100 102,500 Total $718,100 $511,400 Bramble Corp. Income Statement For the Year Ended December 31, 2022 Sales revenue $692,300 Less: Cost of goods sold $134 800 Operating expenses, excluding depreciation 11,600 Depreciation expense 28.700 Income tax expense 27.500 Interest expense 4.000 Loss on disposal of plant assets 7.500 214,100 Net income $178.200 Additional information: 1. New plant assets costing $79.800 were purchased for cash during the year. 2. Old plant assets having an original cost of $45,500 and accumulated depreciation of $35.000 were sold for $3.000 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $23,600 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign 23.-15.000 or in parenthesis eg. (15,000).)