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The following are comparative balance sheets for Watenway Company. Additional in formatione 1. Net income for 2022 was $101.200. 1. Net income for 2022 was

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The following are comparative balance sheets for Watenway Company. Additional in formatione 1. Net income for 2022 was $101.200. 1. Net income for 2022 was $101,200. 2. Depreciation expense was $32,000 : 3. Cash dividends of $37,300 were declared and paid. 4. Bonds payable witha carrying value of $53,400 were redeemed for $53,400 cash. 5. Common stock was issued at par for $40,700 cach. 6. No equipment was sold during 2022 7. Land was sold for its book value. Prepare a statement of cash flows for 2022 ising the indirect method, (Show dmounts that decrease cash flow with either a - stan es 15,000, or in porenthesis es (15,000) WATERWAY Company Statement of Cash Flows 5 Adjustments to reconcile net income to 5

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