RESOURCES Problem 12-09A Condensed financial data of Whispering Winds Corp. follow. 01A 09A Whispering Winds Corp. Comparative Balance Sheets December 31 2021 2022 Assets $ 43,560 $72,720 Cash 34,200 79,020 Accounts receivable 92,565 101,250 Inventory 23,400 25,560 Prepaid expenses 124,200 98,100 Long-term investments 256,500 218,250 Plant assets (46,800) (45,000) Accumulated depreciation $463,275 $614,250 Total Liabilities and Stockholders' Equity $91,800 $60,570 Accounts payable Accrued expenses payable 14,850 18,900 Bonds payable 99,000 131,400 Common stock 198,000 157,500 Retained earnings 210,600 94,905 Total $614,250 $463,275 Whispering Winds Corp. Income Statement Data For the Year Ended December 31, 2022 Sales revenue $349,614 Less: Cost of goods sold $121,914 Operating expenses, excluding depreciation 11,169 Depreciation expense 41,850 Income tax expense 24,552 Interest expense 4,257 Loss on disposal of plant assets 6,750 210,492 Net income $ 139,122 Additional information: 1. New plant assets costing $90,000 were purchased for cash during the year Old plant assets having an original cost of $51,750 and accumulated depreciation of $43,650 were solc 2. $1,350 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $23,427 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow sign e.g. -15,000 or in parenthesis e.g. (15,000).)