Swifty Corporation reported the following information for 2022. Swifty Corporation Comparative Balance Sheets December 31 Assets Cash Accounts receivable Inventory Prepaid expenses Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Totals Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock ($1 par) Retained earnings Totals 2022 $47,200 49,600 35,200 4,800 44,000 160,000 (16,800) 146,400 (22,400) $448,000 2021 $28,800 17,600 -0- 3,200 56,000 160,000 (11,200) 54,400 (8,000) $300,800 Change Increase/Decrease $18,400 Increase 32,000 Increase 35,200 Increase 1,600 Increase 12,000 Decrease -0- 5,600 Increase 92,000 Increase 14,400 Increase $34,400 0 80,000 184,000 149,600 $448,000 $32,000 8,000 120,000 48,000 92,800 $300,800 $2,400 Increase 8,000 Decrease 40,000 Decrease 136,000 Increase 56,800 Increase Swifty Corporation Income Statement Swifty Corporation Income Statement For the Year Ended December 31, 2022 Sales revenue $752,800 Cost of goods sold $380,000 Operating expenses 184,800 Interest expense 9,600 Loss on disposal of equipment 1,600 576,000 Income before income taxes 176,800 Income tax expense 52,000 Net income $124,800 Additional information: 1. Operating expenses include depreciation expense of $32,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $68,000 were declared and paid in 2022. 4. Equipment with a cost of $132,800 was purchased for cash. Equipment with a cost of $40,800 and a book value of $28,800 was sold for $27,200 cash. 5. Bonds of $40,000 were redeemed at their face value for cash. 6. Common stock ($1 par) of $136,000 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 e.g.-15,000 or in parenthesis e.g. (15,000).) Swifty Corporation Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 $ Adjustments to reconcile net income to > > > > >