Question 4 of 5 2.12/4 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. Beginning cash balance $ 51,750 Accounts payable decrease 4,255 Depreciation expense 186,300 Accounts receivable increase 9.430 Inventory increase 12.650 Net income 326,715 Cash received for sale of land at book value 40,250 Cash dividends paid 13,800 Income taxes payable increase 5,405 Cash used to purchase building 332,350 Cash used to purchase treasury stock 29,900 Cash received from issuing bonds 230,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign e. - 15,000 or in parenthesise. (15.000 Question 4 of 5 2.12/4 Waterway Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Increase in Accounts Receivable Decrease in Income Taxes Payable Increase in Inventory Decrease in Accounts Payable Net Cash Provided by Operating Activities Question 4 of 5 2.127 Cash Flows from Investing Activities Sale of Land Purchase of Building Net Cash used by Investing Activities Cash Flows from Financing Activities Payment of Dividend Issuance of Bonds Purchase of Treasury Stock Net Cash Provided by Financing Activities Net Increase in Cash Cash at Beginning of Period Cach at Find of Perind