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Sheridan Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,400. Dividends declared and paid were $20,100. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,900. (a) Your answer is partially correct. 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 porenthesis e.8. (15,000). Cash Flows from Operating Activities Net Income $22400 Adjustments to reconcile net income to Net Cash Provided by Operating Activities * Depreciation Expense Loss on Disposal of Plant Assets : Decrease in Accounts Receivable * Decrease in Accounts Receivable \begin{tabular}{rr} \hline & -19200 \\ \hline \end{tabular} Net Cash Provided by Operating Activities : Cash Flows from investing Activities 5ale of Land Net Cash Provided by Investing Activities : Sale of Land Net Cash Provided by Investing Activities Cash Flows from Financing Activities Issuance of Common Stock $4800 Payment of Dividends \begin{tabular}{rr} \hline 15700 \\ \hline \end{tabular} Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period