The following are comparative balance sheets for Sheffield Company. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{\begin{tabular}{c} Sheffield Company \\ Comparative Balance Sheets \\ December 31 \end{tabular}} \\ \hline Assets & 2022 & 2021 \\ \hline Cash & $72,500 & $32,600 \\ \hline Accounts receivable & 86,500 & 71,400 \\ \hline Inventory & 169,600 & 187,300 \\ \hline Land & 73,700 & 101,900 \\ \hline Equipment & 259,200 & 200,200 \\ \hline Accumulated depreciation-equipment & (66,000) & (33,500) \\ \hline Total & $595,500 & $559,900 \\ \hline \multicolumn{3}{|l|}{ Liabilities and Stockholders' Equity } \\ \hline Accounts payable & $35,200 & $46,700 \\ \hline Bonds payable & 150,200 & 203,700 \\ \hline Common stock ( $1 par) & 214,100 & 176,000 \\ \hline Retained earnings & 196,000 & 133,500 \\ \hline Total & $595,500 & $559,900 \\ \hline \end{tabular} Additional information: 1. Net income for 2022 was $102,500. 2. Depreciation expense was $32,500. 3. Cash dividends of $40,000 were declared and paid. 4. Bonds payable with a carrying value of $53,500 were redeemed for $53,500 cash. 5. Common stock was issued at par for $38,100 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