SUNLAND COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $37,400 $20,500 Accounts receivable 32,900 18,100 Inventory 30,000 20,000 Property, plant, and equipment 59,700 77,900 Accumulated depreciation (29,100) (23,500] Total $131,500 $113,000 Liabilities and Stockholders' Equity Accounts payable $28,300 $ 16,500 Income taxes payable 7,500 8,200 Bonds payabie 27,900 32,800 Common stock 18,000 14,200 Retained earnings 49,200 41,300 Total $131,500 $113,000 SUNLAND COMPANY Income Statement For the Year Ended December 31, 2022 Sales revenue $241,800 Cost of goods sold 175,200 Gross prot 66,600 Seliing expenses $18,450 Administrative expenses 6,150 24,600 Income from operations 42,000 Interest expense 3,900 Income before income taxes 38,100 Income tax expense 7,620 Net income $30,480 Additional data: 1. Depreciation expense was $17,100. 2. Dividends declared and paid were $22,580. 3. During the year. equipment was sold for $6,700 cash. This equipment originally cost $18,200 and had accumulated depreciation of $11,500 at the time of sale. 4. Bondswere redeemed at their carrying value. 5. Common stock was issued at par for cash. (6!) Prepare a statement of cash ows using the indirect method. {Show amounts that decrease cash ow with eithera - Sign eat-15.000 or in parenthesis as. (15,000).) \f\f\f