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The following are comparative balance sheets for Coronado Company. Additional information: 1. Net income for 2022 was $103,100. 2. Depreciation expense was $31,500. 3. Cash

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The following are comparative balance sheets for Coronado Company. Additional information: 1. Net income for 2022 was $103,100. 2. Depreciation expense was $31,500. 3. Cash dividends of $40,800 were declared and paid. 4. Bonds payable with a carrying value of $52,700 were redeemed for $52,700 cash. 5. Common stock was issued at par for $41,000cash. 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 eith 15,000, or in parenthesis e.8. (15,000).) CORONADO Company Statement of Cash Flows Adjustments to reconcile net income to $

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