Pharoah Corporation's comparative balance sheets are presented below. Cash Accounts receivable Land Building Accumulated depreciation Total Accounts payable Common stock PHAROAH CORPORATION Comparative Balance Sheets December 31 Retained earnings Total 2022 $28,370 19,900 19,700 71,700 (18,400) $121,270 $14,070 78,400 28,800 $121,270 2021 $12,400 26,800 29,400 71,700 (11,700) $128,600 $34,500 70,700 23,400 $128,600

Pharoah Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $31,300. Dividends declared and paid were $25,900. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $7,600. Prepare astatement 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). Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash