Skysong, Inc. reported the following information for 2022. Skysong, Inc. Comparative Balance Sheets December 31 Assets 2022 2021 Change Increase/Decrease Cash $76,700 $46,800 $29,900 Increase Accounts receivable 80,600 28,600 52.000 Increase Inventory 57,200 -0- 57,200 Increase Prepaid expenses 7,800 5,200 2,600 Increase Land 71,500 91,000 19,500 Decrease Buildings 260,000 260,000 -0- Accumulated depreciation-buildings (27,300) (18,200) 9,100 Increase Equipment 237,900) 88,400 149,500 Increase Accumulated depreciation-equipment (36,400) (13,000) 23,400 Increase Totals $728,000 $488,800 Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $55,900 $52,000 $3,900 Increase 13,000 13,000 Decrease Liabilities and Stockholders' Equity Accounts payable $55,900 $52,000 $3,900 Increase Accrued expenses payable 0 13,000 13,000 Decrease Bonds payable 130,000 195,000 65,000 Decrease Common stock ($1 par) 299,000 78,000 221,000 Increase Retained earnings 243,100 150,800 92,300 Increase Totals $728,000 $488,800 Skysong, Inc. Income Statement For the Year Ended December 31, 2022 Sales revenue Cost of goods sold Operating expenses Interest expense Loss on disposal of equipment Income before income taxes Income tax expense Net income $1,223,300 $617,500 300,300 15,600 2,600 936,000 287,300 84,500 $202,800 Net income $202,800 Additional information: 1. Operating expenses include depreciation expense of $52,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $110,500 were declared and paid in 2022. 4. Equipment with a cost of $215,800 was purchased for cash. Equipment with a cost of $66,300 and a book value of $46.800 was sold for $44,200 cash. 5. Bonds of $65,000 were redeemed at their face value for cash. 6. Common stock ($1 par) of $221,000 was issued for cash. Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign eg.-15,000 or in parenthesis e.g. (15,000).) Skysong, Inc. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to $