The Adamo Company is preparing the statement of Cash flows using the indirect method.
Below are the comparative Balance Sheets and additional information.

Balance Sheet	2022	2021
Cash	49,670	54,300
Account Receivable	21,450	19,260
Merchandise Inventory	37,400	37,120
Long-Term Investment	6,300	21,600
Property and Equipment	45,300	28,790
Accumulated Depreciation	(17,800)	(13,700)
Total Assets	142,320	147,370
Accounts Payable	11,750	15,390
Salaries Payable	9,950	5,360
Unearned Income	26,540	21,530
Long-Term Notes Payable	32,160	42,880
Common Stock	34,920	25,210
Retained Earnings	27,000	37,000
Total Liabilities & Equity	142,320	147,370
Net Income is $13,800. Calculate the cash dividends paid
The proceeds (cash) received from the Sale of Long Term Investment is $12,000
The Loss on Sale of the Long-Term investment is $3,300
Prepare the Statement of Cash Flows for 2022 using the Indirect Method