Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Liabilities and Shareholders' Equity Accounts payable Bonds payable Common shares Retained earnings Total Additional information: 1. 2. 3. 4. 5. $53,200 172,900 215,000 194,100 $635,200 $60,900 204,900 183,000 123,200 $572,000 Net income for the fiscal year ended December 31, 2023, was $145,000. Cash dividends of $74,100 were declared and paid. Dividends paid are treated as financing activities. Bonds payable amounting to $32,000 were retired through the issuance of common shares. Land was sold at a gain of $6,000. No equipment was sold during the year.