The comparative balance sheets for Sheffield Company as of December 31 are as follows. SHEFFIELD COMPANY Comparative Balance Sheets December 31 Assets 2022 2021 Cash $58,500 $48,000 Accounts receivable 44,000 64,000 Inventory 150,600 147,700 Prepaid expenses 14,000 23,200 Land 146,200 132,200 Buildings 198,000 198,000 Accumulated depreciation-buildings (60,300) (34,000) Equipment 230,300 156,900 Accumulated depreciation-equipment (43,500) (37,000) Total $737,800 $699,000 Liabilities and Stockholders' Equity Accounts payable $46,000 $39,900 Bonds payable 260,000 260,000 Common stock, $1 par 191,800 157,800 Retained earnings 240,000 241,300 Total $737,800 $699,000 Additional information: 1. Operating expenses include depreciation expense of $42,000 ($26,300 of depreciation expense for buildings and $15,700 for equipment). 2. Land was sold for cash at book value. 3. Cash dividends of $46,900 were declared and paid. 4. Net income for 2022 was $45,600. 5. Equipment was purchased for $94,700 cash. In addition, equipment costing $21,300 with a book value of $12,100 was sold for $6,500 cash. 6. 34,000 shares of $1 par value common stock were issued in exchange for land with a fair value of $34,000. 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).)