Presented here are the financial statements of Waterway Company. WATERWAY COMPANY Income Statement For the Year Ended December 31, 2022 Sales revenue $242,800 Cost of goods sold 175,700 Gross profit 67,100 Selling expenses $18,600 Administrative expenses 4,900 Operating expenses Income from operations 43,60023,500 Interest expense Income before income taxes 2,20041,400 Income tax expense Net income 8,280$33,120 Additional data: 1. Depreciation expense was $16,200. 2. Dividends declared and paid were $22,420. 3. During the year, equipment was sold for $9,500 cash. This equipment originally cost $18,300 and had accumulated depreciation of $8,800 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000