Presented below is the Comparative Balance Sheet for Wagner Corporation: Additional Information: 1. Net Income for 2022 was $48,000 2. Cash Dividends of $16,000 were declared and paid 3. Common Stock was issued for $20,000 cash Assignment: 1. Prepare a statement of cash flows for 2022 using the indirect method 2. Compute Free Cash Flow WAGNER CORPORATION Statement of Cash Flows (Indirect Method) For the Year ended December 31, 2022 Cash Flows from Operating Activities: Net Income. 48,000 Adjustments to reconcile net income to cash providedby operating activities: Net Cash Flow Operating Activities Cash Flows from Investing Activities: Net Cash Flow Investing Activities Cash Flows from Financing Activities: Net Cash Flow Financing Activities Net Change in Cash Cash at the beginning of the year Cash at the end of the year Presented below is the Comparative Balance Sheet for Wagner Corporation: Additional Information: 1. Net Income for 2022 was $48,000 2. Cash Dividends of $16,000 were declared and paid 3. Common Stock was issued for $20,000 cash Assignment: 1. Prepare a statement of cash flows for 2022 using the indirect method 2. Compute Free Cash Flow WAGNER CORPORATION Statement of Cash Flows (indirect Method) For the Year ended December 31, 2022 Cash Flows from Operating Activities: Net Income 48,000 Adjustments to reconcile net income to cash providedby operating activities: Net Cash Flow Operating Activities Cash Flows from Investing Activities: Net Cash Flow Investing Activities Cash Flows from Financing Activities: Net Cash Flow Financing Activities Net Change in Cash Cash at the beginning of the year Cash at the end of the year