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The following are comparative balance sheets for Bramble Company. Additional information: 1. Net income for 2022 was $102,000. 2. Depreciation expense was $31,900. 3. Cash
The following are comparative balance sheets for Bramble Company. Additional information: 1. Net income for 2022 was $102,000. 2. Depreciation expense was $31,900. 3. Cash dividends of $41,100 were declared and paid. 4. Bonds payable amounting to $52,600 were redeemed for cash $52,600. 5. Common stock was issued for $42,700 cash. 6. No equipment was sold during 2022 . 7. Land was sold for its book value. Prepare a statement of cash flows for 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)
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