PRONGHORN CORPORATION Statement of Financial Position December 31 AssetsCashAccountsreceivableInventoryLandEquipment2022$73,44091,800183,60086,400280,8002021$23,76082,080204,120108,000216,000 Accounts payable Bonds payable $42,120$50,760 Common shares 162,000216,000 233,280187,920 Additional information: 1. Net income for 2022 was $100,440. There were no gains or losses reported on the statement of income. 2. Cash dividends of $37,800 were declared and paid. 3. Bonds payable amounting to $54,000 were redeemed for cash $54,000. The bonds were originally issued at face value (no premium or discount). 4. Common shares were issued for $45,360cash. 5. Noland was purchased during 2022. 6. No equipment was disposed of during 2022. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - sign es. 15,000 or in parenthesis es. (15,000). PRONGHORN CORPORATION Statement of Cash Flows For the Year Ended December 31, 2022 Cash flows from operating activities Netincome $100,440 Adjustments to reconcile net income to Net cash provided by operating activities Depreciation expense $ Increase in accounts receivable Decrease in imventory Decrease in accounts payable Net cash provided by operating activities Cash flows from investing activities Net cash used by investing activities Cash flows from financing activities Issue of commonshares Redemption of bonds Payment of cash dividends I5sue of common shares Redemption of bonds Payment of cash dividends Net cash used by financing activities Net increase in cash Cash, January 1 Cash, December 31