The financial data for Sunland Company is summarized below Sunland Company Comparative balance sheets December 31 Assets 2022 2021 Money $ 121,200 $ 72,600 accounts receivable 131,700 57,000 Inventory 168,750 154,275 Prepaid expenses 42,600 39,000 long term investments 207,000 163,500 plant assets 427,500 363,750 Accumulated depreciation (75 000 ) (78,000 ) Total $1,023,750 $772,125 Liabilities and Equity Accounts payable $ 153,000 $ 100,950 Accumulated charges to pay 24,750 31,500 Obligations with the public 165 000 219,000 Common actions 330 000 262,500 Retained earnings 351,000 158,175 Total $1,023,750 $772,125 Sunland Company Income statement data For the year ended December 31, 2022 sales revenue $ 582,690 Any less cost of goods sold $203,190 Operating expenses, excluding depreciation 18,615 depreciation expense 69,750 Income from tax expenses 40,920 Interest expenses 7,095 Loss on disposal of plant assets 11,250 350,820 Net Income $ 231,870 Additional Information 1 New plant assets worth $150,000 in cash were purchased during the year 2 The old plant assets that had an original cost of $86,250 and accumulated depreciation of $72,750 were sold for $2,250 cash 3 The bonds payable matured and were paid at face value in cash 4 A cash dividend of $39,045 was declared and paid during the year Prepare a statement of cash flows using the indirect method (Show the amounts that decrease cash flow with a sign, such as 15,000, or in parentheses, such as (15,000) )

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The financial data for Sunland Company is summarized below. Sunland Company Comparative balance sheets December 31 Assets 2022 2021 Money $ 121,200 $ 72,600 accounts

The financial data for Sunland Company is summarized below.

Sunland Company Comparative balance sheets December 31
Assets	2022		2021
Money	$ 121,200		$ 72,600
accounts receivable	131,700		57,000
Inventory	168,750		154,275
Prepaid expenses	42,600		39,000
long term investments	207,000		163,500
plant assets	427,500		363,750
Accumulated depreciation	(75.000	)	(78,000	)
Total	$1,023,750		$772,125

Liabilities and Equity
Accounts payable	$ 153,000		$ 100,950
Accumulated charges to pay	24,750		31,500
Obligations with the public	165.000		219,000
Common actions	330.000		262,500
Retained earnings	351,000		158,175
Total	$1,023,750		$772,125

Sunland Company Income statement data For the year ended December 31, 2022
sales revenue		$ 582,690
Any less:
cost of goods sold	$203,190
Operating expenses, excluding depreciation	18,615
depreciation expense	69,750
Income from tax expenses	40,920
Interest expenses	7,095
Loss on disposal of plant assets	11,250	350,820
Net Income		$ 231,870

Additional Information:

1.		New plant assets worth $150,000 in cash were purchased during the year.
2.		The old plant assets that had an original cost of $86,250 and accumulated depreciation of $72,750 were sold for $2,250 cash.
3.		The bonds payable matured and were paid at face value in cash.
4.		A cash dividend of $39,045 was declared and paid during the year.

Prepare a statement of cash flows using the indirect method. (Show the amounts that decrease cash flow with a - sign, such as -15,000, or in parentheses, such as (15,000).)