Question 5 of 5 Here are comparative balance sheets for Vaughn Company. Additional information: 1. Net income for 2022 was $124,000. 2. Cash dividends of $40,920 were declared and paid. 3. Bonds payable amounting to $74,400 were redeemed for cash $74,400. 4. Common stock was issued for $52,080 cash. 5. Equipment that cost $62,000 and had a book value of $37,200 was sold for $44,640 during 2022 ; land was sold at cost. Question 5 of 5 0.29/1 VAUGHN COMPANY Statement of Cash Flows 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 Experise $42160 Incresse in Accounts Receivable Decrease in inwentory Decrease in Accounts Parable Gain an Disposat of Equipenent Net Cash Provided by Operatiog Activities Cash Flows from inmesting Activities Question 5 of 5 0.29/1 Net Cash Provided by Operating Activities Cash Flows from Imvesting Activities Purchase of Equipment 5sle of Land Sale of Equipment Net Cashused by lmesting Activities Cash Flown from Financing Activities Issuance of Common Stock Redemption of Bonds Payment of Cash Dividends Net Cash used by Financing Activities Net increase in Cash: b) The parts of this question must be completed in order. This part will be available when you complete the part above