The comparative balance sheets for Sunland Company as of December 31 are as follows. Land Sunland Company Comparative Balance Sheets December 31 Assets 2022 Cash $58,900 Accounts receivable 40,800 Inventory 151,600 Prepaid expenses 13.900 144,200 Buildings 199,200 Accumulated depreciation-buildings (58,70p) Equipment 231,300 Accumulated depreciation--equipment (43,300) Total $737.900 Liabilities and Stockholders' Equity Accounts payable $46,400 Bonds payable 260,000 Common stock. $1 par 192,300 Retained earnings 239.200 Total $737.900 2021 $46,100 63,600 142,500 21.600 130,100 199 200 (34,100) 157,700 (35,000) $691,700 $39.800 260,000 158,200 233,700 $691.700 $737.900 $691,700 Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock. $1 par Retained earnings Total $46,400 260,000 192,300 239,200 $737.900 $39,800 260,000 158,200 233,700 $691.700 1 Additional information: Operating expenses include depreciation expense of $42,000 ($24,600 of depreciation expense for buildings and $17.400 for equipment). Land was sold for cash at book value. Cash dividends of $40,500 were paid. Net Income for 2022 was $46,000, Equipment was purchased for $95,400 cash. In addition, equipment costing $21,800 with a book value of $12.700 was sold for $5.700 cash 34.100 shares of $1 par value common stock were issued in exchange for land with a fair value of $34,100. 2. 3 4 5. 6 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-skane.s. -15,000 or in parenthesis es (15,000 Sunland Company Statement of Cash Flows $ Adjustments to reconcile net income to > > $