Shown below are comparative statements of financial position for Grouper Corporation. GROUPER CORPORATION Statement of Financial Position December 31 Assets 2022 2021 Cash $65,280 $21,120 Accounts receivable 81,600 72,960 Inventory 163,200 181,440 Land 76,800 96,000 Equipment 249,600 192,000 Accumulated depreciation - equipment (63,360) (30,720) $573,120 $532,800 Liabilities and Shareholders' Equity Accounts payable $37,440 $45,120 144,000 192,000 Bonds payable Common shares 207,360 167,040 Retained earnings 184,320 128,640 $573,120 $532,800 Additional information: 1. Net income for 2022 was $89,280. There were no gains or losses reported on the statement of income. Cash dividends of $33,600 were declared and paid. 2. 3. Bonds payable amounting to $48,000 were redeemed for cash $48,000. The bonds were originally issued at face value (no premium or discount). 4. Common shares were issued for $40,320 cash. 5. No land was purchased during 2022. No equipment was disposed of during 2022. 6. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis eg. (15,000).) GROUPER CORPORATION Statement of Cash Flows UA $ Adjustments to reconcile net income to > ta >