Tew Polides urnent Attempt In Progress Condensed financial data of Ivanhoe company follow Ivanhoe Company Comparative Balance Sheets December 31 Assets 2022 Cash S 258,560 Accounts receivable 280.960 Inventory 360.000 Prepaid expenses 90.880 Long term investments 441,600 Plant assets 912000 Accumulated depreciation (160.000 Total $2.184.000 Uabilities and Stockholders' Equity Accounts payable $ 326,400 Addrud expenses payable 52.800 Bonds payable 352,000 Common stock 704.000 Retained eaming 748,800 Total $2.184,000 2021 $ 154,880 121,600 329. 120 83.200 348,800 776,000 (166400 51647.200 $ 215.380 67.200 467 200 560.000 337 440 $1647,200 Ivanhoe Company Income Statement Data For the Year Ended December 31, 2022 Sales revenge $1.243072 Cost of goods sold Operating expenses, excluding depreciation Depreciation expense Income tax expense Interest expense Loss on disposal of plant assets Net income $433,472 39.712 148.800 87.296 35 136 24.000 748,416 $494656 Additional information 4.800 cash 3. 4 New plant assets costing $320.000 were purchased for cash during the year id plant assets having an original cost of $184000 and accumulated depreciation of S155.200 were sold for Bends payable matured and were paid off at face value for cash A cash dividend of 593 296 Widedared and paid during the year Prepare a statement of cash flows using the indirect method (Show amounts that decrease cash flow with either a unes -15,000 or In parentheskg (15.000 Ivanhoe Company Statement of Cash Flows v Adjustments to reconcile net income to $ v v > > > > >