Pearl Industries Comparative Balance Sheets December 31 Assets 2022 Cash $ 190,400 Accounts receivable 246,400 Inventory 467,600 Land 224,000 Equipment 728.000 Accumulated depreciation-equipment (184,800) Total $1,671,600 Liabilities and Stockholders' Equity Accounts payable $ 109,200 Bonds payable 420,000 Common stock (sipar) 604 800 Retained earnings 537,600 Total $1,671,600 2021 $ 61,600 212.800 529,200 280,000 560,000 (89.600) $1.554,000 $ 120,400 560,000 487.200 386,400 $1.554.000 Additional information Net Income for 2022 was $260.400. Depreciation expense was 595,200 Cash dividends of $100 200 were declared and peid Bonds payable amounting to $140.000 were redeemed for cash $140,000 Common stock was issued for $117.600 cash, No equipment was so o doring 2012 Lendwas sold for its book value 5 Prepare a statement of cash flows for 2022 using the Indirect method. (Show amounts that decimase aash flow with either a signes 45,000, or in parenthesis a.s. (45.000). Pearl Industries Statement of Cash Flows Adjustments to reconcile net income to >