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The comparative balance sheets for Marin Company appear below: MARIN COMPANY Comparative Balance Sheet Assets Cash Accounts receivable Inventory Prepaid insurance Stock investments Equipment Accumulated

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The comparative balance sheets for Marin Company appear below: MARIN COMPANY Comparative Balance Sheet Assets Cash Accounts receivable Inventory Prepaid insurance Stock investments Equipment Accumulated depreciation-equipment Total assets Liabilities and Stockholder's Equity Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholder's equity Dec 31, 2022 $31,100 15,500 29,100 8,800 -0- 87,000 (19,200) $152,300 Dec 31, 2021 $13,000 10,500 16,200 9.100 15,000 43,500 (11,200) $96,100 $29,800 37,000 41,300 44,200 $152,300 $7,300 49,600 24,600 14,600 $96,100 Additional information: 1. Net income for the year ending December 31, 2022, was $40,000 2. Cash dividends of $11,000 were declared and paid during the year. Stock investments on balance sheet that had a book value of $15,600 were sold for $11,000. Sales for 2022 are $130,000 3. 4. 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-signes -15,000 or in parenthesis es. (15,0001) MARIN CORPORATION Statement of Cash Flows $ Adjustments to reconcile net income to $ >

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