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The following arecomparative belance sineets for Bramble Compeny. Additional information: 1. Netincome for 2022 vas 5101.500 . 2. Depreciation expense was $32,500. 3. Cashdividends of
The following arecomparative belance sineets for Bramble Compeny. Additional information: 1. Netincome for 2022 vas 5101.500 . 2. Depreciation expense was $32,500. 3. Cashdividends of 544,100 were declaredand paid: 4. Bonds payable with a carnying value of 551,500 were redeemed for $51.500 cash. 5. Commonstock was isued at par foris 52.500 casht. 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 decreose cash) low with eicher a signeg: 15,000, or in porenthesis e.g. (15,000). BRAMBLE Company Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from operatling Actlvitles Net income $ Adjustments to reconcile net income to Depreclatlon Expense increase In Accounts Recelvable 5 Decrease In Inventory Decrease in Accounts Payable Net Cash Provlded by Operasing Activitles Cash Elows from investing Actlvitles Sale of Land Purchase of Equlpment Net Cash Used by Investing Actlvitles Cash Flows from Financing Actlvitles Issuance of Common Stock Redempslon of Bonds Net Cash Provided by Financing Actlvitles
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