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Prepare a statement of cash flows for 2022 using the indirect method. Given statements of financial position and additional information is posted below Shown below

Prepare a statement of cash flows for 2022 using the indirect method. Given statements of financial position and additional information is posted below
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Shown below are comparative statements of financial position for Flounder Corporation 1. Net income for 2022 was $87.420. There were no gains or losses reported on the statement of income. 2. Cash dividends of $32,900 were declared and paid. 3. Bonds payable amounting to $47,000 were redeemed for cash $47,000. The bonds were originally issued at face value (no premium or discount). 4. Commonshares were issued for $39.480 cash. 5. No land was purchased during 2022 6. No equipment was disposed of during 2022. Prepare astatement of cash fows for 2022 using the indirect method, (Show a mounts that decreose cosh flow with either d-3ign es - 15 , 000 or in parenthesis es ( 15,000 ) ) FLOUNDER CORPORATION Statement of Cash Flows For the Year Endes December 31, 202? Adpustrients to reconcile net income to 5 5

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