Question 4 of 5 A comparative statement of financial position for Cullumber AG is presented below. December 31 Assets 2022 2021 Land 68,160 105,600 Equipment 257,160 192,000 Accumulated depreciation-equipment (66,240 ) (40,320) Inventory 172,800 181,440 Accounts receivable 78,720 63,360 Cash 60,480 21,120 Total 571,080 523,200 Equity and Liabilities Share capital-ordinary (1 par) 205,440 157,440 Retained earnings 191,040 128,640 Bonds payable 144,000 192,000 Accounts payable 30,600 45,120 Total 571,080 523,200 Additional information: 1. Net income for 2022 was 100,800. 2. Cash dividends of 38,400 were declared and paid. 3. Bonds payable amounting to 48,000 were retired through issuance of ordinary shares. Prepare a statement of cash flows for 2022 for Cullumber AG. (Show amounts that decrease cash flows with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) CULLUMBER AG Statement of Cash Flows Adjustments to reconcile net income to Issuance of ordinary shares to retire of bonds outstanding