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The comparative balance sheets for Bramble Company as of December 31 are as follows. Additional information: 1. Operating expenses include depreciation expense of $42,000($24,200 of

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed The comparative balance sheets for Bramble Company as of December 31 are as follows. Additional information: 1. Operating expenses include depreciation expense of $42,000($24,200 of depreciation expense for buildings and $17,800 for equipment). 2. Land was sold for cash at book value. 3. Cash dividends of $45,900 were declared and paiid. 4. Net income for 2022 was $46,000. 5. Equipment was purchased for $95,300 cash. In addition, equipment costing $21,500 with a book value of $12,300 was sold for $5,100 cash. 6. 34,400 shares of $1 par value common stock were issued in exchange for land with a fair value of $34,400. Prepare a statement of cash flows for the year ended December 31. 2022, using the indirect method. (Show amounts that decrease cash flow with either a-sign eg, 15,000 or in parenthesis eg (15,000).) BRAMBLE COMPANY Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income $ Adjustments to reconcile net income to Cash Flows from Ooerating Activities Depreciation Expense Loss on Disposal of Plant Assets Decrease in Accounts Receivable Increase in Imventory Decrease in Prepaid Expenses Increase in Accounts Payable 6,700 Cash Flows from Ooerating Activities Cash Flows from Investing Activities

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