The comparative balance sheets for Crane Company as of December 31 are as follows.

CRANE COMPANY Comparative Balance Sheets December 31
Assets		2022			2021
Cash		$57,000			$45,000
Accounts receivable		40,000			62,000
Inventory		148,000			142,000
Prepaid expenses		13,500			21,000
Land		140,000			130,000
Buildings		196,000			196,000
Accumulated depreciationbuildings		(56,000)			(30,000)
Equipment		228,000			155,000
Accumulated depreciationequipment		(42,000)			(35,000)
Total		$724,500			$686,000
Liabilities and Stockholders Equity
Accounts payable		$46,000			$39,000
Bonds payable		260,000			260,000
Common stock, $1 par		187,000			157,000
Retained earnings		231,500			230,000
Total		$724,500			$686,000

Additional information:

1.		Operating expenses include depreciation expense of $42,000 ($26,000 of depreciation expense for buildings and $16,000 for equipment).
2.		Land was sold for cash at book value.
3.		Cash dividends of $42,500 were declared and paid.
4.		Net income for 2022 was $44,000.
5.		Equipment was purchased for $94,000 cash. In addition, equipment costing $21,000 with a book value of $12,000 was sold for $5,000 cash.
6.		30,000 shares of $1 par value common stock were issued in exchange for land with a fair value of $30,000.

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 e.g. -15,000 or in parenthesis e.g. (15,000).)