The following are comparative balance sheets for Vaughn Company. VAUGHN Company Comparative Balance Sheets December 31 Assets 2022 2021 Cash $72,600 $33,000 Accounts receivable 86,300 71,400 Inventory 170,500 186,600 Land 73,800 100,800 Equipment 260,000 200,800 Accumulated depreciation-equipment (65,900) (34,100) Total $597,300 $558,500 Liabilities and Stockholders' Equity Accounts payable $35,400 $47,000 Bonds payable 151,100 204,000 Common stock ($1 narl 214.900 174.700 Common stock ($1 par) 214,900 174,700 Retained earnings 195,900 132,800 Total $597,300 $558,500 Additional information: 1. Net income for 2022 was $104,800. 2. Depreciation expense was $31,800. 3. Cash dividends of $41,700 were declared and paid. 4. Bonds payable with a carrying value of $52,900 were redeemed for $52,900 cash. 5. Common stock was issued at par for $40,200 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 eg. (15,000).) Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign eg. -15,000, or in parenthesis e.g. (15,000).) VAUGHN Company Statement of Cash Flows Adjustments to reconcile net income to c c 10