The following information is available for Kingbird Corporation for the year ended December 31, 2022. Beginning cash balance $ 44,000 Accounts payable decrease 3,900 Depreciation expense 82,000 Accounts receivable increase 9,600 Inventory increase 14,000 Net income 265,000 Cash received for sale of land at book value 44,000 Sales revenue 740,500 Cash dividends paid 12,000 Income tax payable increase 4,900 Cash used to purchase building 140,000 Cash used to purchase treasury stock 32,400 Cash received from issuing bonds 216,000 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).) KINGBIRD CORPORATION Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to S $