The Chicanery Company is preparing the statement of Cash flows using the indirect method.

Below are the comparative Balance Sheets and additional information.

Net Income is $$45,600$; calculate the cash dividends paid

Depreciation Expense is $$18,000$

The company purchased Land for $$20,000$ with a Long$-$term Note Payable

The company used a Long$-$Term Note Payable to purchase Land for $$20,000.$

The company repaid Long$-$Term Notes Payable in the amount of $$38,180.$

Prepare the Statement of Cash Flows for $2023$ using the Indirect Method