Question $8$ of $10$

$\frac{-}{20}$

Additional information:

Net income for $2022$ was $$102,300.$

Depreciation expense was $$37,400.$

Cash dividends of $$42,900$ were declared and paid.

Bonds payable amounting to $$55,000$ were redeemed for cash $$55,000.$

Common stock was issued for $$46,200$ cash.

No equipment was sold during $2022.$

Land was sold for its book value.

Prepare a statement of cash flows for $2022$ using the indirect method. $($Show amounts that decrease cash flow with either a $-$ sign eg$.-45,000,$ or in parenthesis e$.8.(45,000)).$

Oriole Company

Statement of Cash Flows

Adjustments to reconcile net income to

$\backslash$table$[[\backslash$table$[[$Oriole Con$],[$Comparative Bal$],[$Decembe$]],\backslash$table$[[$ce Sheets$],[1]],],[$Assets$,2022,2021],[$Cash$,$$$74,800,$$$24,200$