Splish Brothers Inc.'s comparative balance sheets are presented below. Splish Brothers Inc. Comparative Balance Sheets December 31 \begin{tabular}{lrrr} & 2022 & 2021 \\ Cash & $14,700 & $11,000 \\ Accounts receivable & 21,100 & 23,800 \\ Land & 20,000 & 25,600 \\ Buildings & 70,000 & 70,000 \\ Accumulated depreciation-buildings & (15,400) & (10,700) \\ \cline { 2 - 3 } & $110,400 & & $119,700 \\ \hline \hline \end{tabular} Accounts payable Common stock $12,30074,600$31,10070,800 Retained earnings Total 1. Net income was $23,000. Dividends declared and paid were $17,300. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,700. Splish Brothers Inc. Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income $23000 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land 4700 Net Cash Provided by Investing Activities 4700 Cash Flows from Financing Activities Payment of Dividends Issuance of Common Stock Net Increase in Cash Cash at Beginning of Period Cash at End of Period