Question 14 of 15 View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The following information is available for Waterway Industries for the year ended December 31, 2022. $46,400 3,800 166,900 8,400 11,300 292,600 Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds 36,100 12,400 4,800 206,00 26,800 206,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with elthen in parenthesis es (15,000).) Question 14 of 15 Prepare a statement or cash Trows using the direct metnog show amounts that decrease cos tiow with evene in parenthesis es (15,0001) Waterway Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income 292600 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense 166900 Increase in Accounts Receivable 8400 Increase in Inventory 13300 increase in Income Tapes Payable 4800 Decrease in Accounts Payable 3800 Net Cash Provided by Operating Activities Cash Flows from Investing Activities 36100 Sale of Land 297700 Purchase of Building Net Cashed by using Active