Shown below are comparative balance sheets for Sheffield Company. Assets Cash Accounts receivable Inventory Land Sheffield Company Comparative Balance Sheets December 31 Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total Additional information: 2022 $40,800 52,800 100,200 113,400 48,000 60,000 156,000 120,000 (39,600) (19,200) $358,200 $333,000 6. No equipment was sold during 2022. 7. Land was sold for its book value. $ 23,400 2021 90,000 $ 25,800 120,000 129,600 104,400 115,200 $ 13,200 45,600 82,800 $358,200 $333,000 1. Net income for 2022 was $55,800. 2. Depreciation expense was $20,400. 3. Cash dividends of $23,400 were declared and paid. 4. Bonds payable amounting to $30,000 were redeemed for cash $30,000. 5. Common stock was issued for $25,200 cash. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -45,000, or in parenthesis e.g. (45,000)). Adjustments to reconcile net income to + + + # Sheffield Company Statement of Cash Flows + + + +