The following information is available for Ivanhoe Corporation for the year ended December 31, 2022. Beginning cash balance $ 56,250 Accounts payable decrease 4,625 Depreciation expense 202.500 Accounts receivable increase 10,250 Inventory increase 13.750 Net income 355,125 Cash received for sale of land at book value 43,750 Cash dividends paid 15.000 Income taxes payable increase 5,875 Cash used to purchase building 361.250 Cash used to purchase treasury stock 32,500 Cash received from issuing bonds 250,000 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 eg. (15,000).) IVANHOE CORPORATION 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 Cash Flows from Operating Activities Depreciation Expense $ Increase in Accounts Pavable Decrease in Accounts Receivable Decrease in Inventorv Decrease in Income Taxes Pavable Cash Flows from Operating Activities Cash Flows from Investing Activities Sale of Land Cash Flows from Operating Activities Cash Flows from Investing Activities Sale of Land Purchase of Land Cash Flows from Investing Activities Cash Flows from Financing Activities Issuance of Bonds Purchase of Treasury Stock Payment of Dividend Cash Flows from Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period $