Splish Brothers Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $ 115,600 149,600 283,900 136.000 442,000 (112,200) $1,014,900 $ 37,400 129,200 321,300 170,000 340,000 (54,400) $943,500 Accounts receivable Inventory Land Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total $ 66,300 255,000 367,200 326,400 $1,014,900 $ 73,100 340,000 295,800 234,600 $943,500 Additional information: 1. 2. 3. 4. Net income for 2022 was $158, 100. Depreciation expense was $57,800. Cash dividends of $66,300 were declared and paid. Bonds payable amounting to $85,000 were redeemed for cash $85,000. Common stock was issued for $71,400 cash. No equipment was sold during 2022. Land was sold for its book value. 5. 6. 7. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that -45,000, or in parenthesis e.g. (45,000)). Splish Brothers Company Statement of Cash Flows Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a -45,000, or in parenthesis eg. (45,000)). Splish Brothers Company Statement of Cash Flows Adjustments to reconcile net income to $ o BI