Question 8 of 10 -/1 a Sunland Company reported net income of $294,000 for 2022. Sunland sold equipment that cost $120,000 and had a book value of $72,000 for $62,400. The comparative balance sheet shows a decrease in accounts receivable of $22,800 for the year, a $15,600 increase in accounts payable, a 54,800 increase in prepaid expenses, and a $20,400increase in accumulated depreciation. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method. (Show amounts that decrease cash flow with either a - sign es -15,000 or in parenthesis eg (15,0001) SUNLANDCOMPANY Partial Statement of Cash Flows s Adjustments to reconcile net income to s Adjustments to reconcile net income to $ Decrease in Accounts Payable Decrease in Accounts Receivable Decrease in Income Taxes Payable Depreciation Expense Gain on Disposal of Plant Assets Increase in Accounts Payable Increase in Accounts Receivable Increase in Income Taxes Payable Loss on Disposal of Plant Assets Net Income 5 Increase in Prepaid Expenses Decrease in Prepaid Expenses Sovetola Attempts: unlimited Submit Arm