Oriole Companys comparative balance sheets are presented below.

Oriole Company Comparative Balance Sheets December 31
		2022		2021
Cash		$ 15,000		$ 10,000
Accounts receivable		21,300		23,400
Land		20,400		25,700
Buildings		70,100		70,100
Accumulated depreciationbuildings		(15,000)		(10,900)
Total		$111,800		$118,300
Accounts payable		$ 12,400		$ 30,600
Common stock		74,000		70,400
Retained earnings		25,400		17,300
Total		$111,800		$118,300

Additional information:

1.		Net income was $23,100. Dividends declared and paid were $15,000.
2.		No noncash investing and financing activities occurred during 2022.
3.		The land was sold for cash of $5,000.

(a)

Prepare a statement of cash flows for 2022 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).)

Question View Policies Current Attempt in Progress Oriole Company's comparative balance sheets are presented below. Oriole Company Comparative Balance Sheets December 31 2022 Cash $ 15,000 Accounts receivable 21,300 Land 20,400 Buildings 70,100 Accumulated depreciation-buildings (15,000) Total $111.800 2021 $ 10,000 23,400 25,700 70.100 (10,900) $118,300 Accounts payable Common stock Retained earnings Total $ 12,400 74,000 25,400 $111,800 $ 30,600 70,400 17,300 $118,300 Additional information: 1. 2. Net income was $23,100. Dividends declared and paid were $15,000. No noncash investing and financing activities occurred during 2022. The land was sold for cash of $5,000. 3. (a) Prepare a statement of cash flows for 2022 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).) Oriole Company Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income 23100 Adjustments to reconcile net income to Cash Flows from Financing Activities $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above