The comparative balance sheets for Marin Company appear below: MARIN COMPANY Comparative Balance Sheet Assets Dec. 31, 2022 Dec. 31, 2021 Cash $56,000 $12,000 Accounts receivable 24,500 11,500 Inventory 32,700 18,400 Prepaid insurance 8,000 9,200 Stock investments -0- 15,500 Equipment 62,000 31,000 Accumulated depreciation-equipment (18,300 ) (12,200 ) Total assets $164,900 $85,400 Liabilities and Stockholder's Equity Accounts payable $26,700 $8,800 Bonds payable 36,400 45,900 Common stock 41,400 21,300 Retained earnings 60,400 9,400 Total liabilities and stockholder's equity $164,900 $85,400 Additional information: 1. Net income for the year ending December 31, 2022, was $60,500. 2. Cash dividends of $12,000 were declared and paid during the year. 3. Stock investments on balance sheet that had a book value of $18,000 were sold for $12,500. 4. Sales for 2022 are $140,000. Prepare a statement of cash flows for the year ended December 31, 2022, using the indirect method.