The following information is available for Coronado Industries for the year ended December 31, 2022. Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $33,750 2,775 121,500 6,150 8,250 213,075 26,250 9,000 3,525 216,750 19,500 150,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Coronado Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income $ Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ 121500 Issuance of Bonds 150000 Purchase of Treasury Stock Payment of Dividend (9000) Net Cash Provided by Financing Activities 4 Cash at Beginning of Period 33750 Cash at End of Period $ 278625