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The following information is available for Larkspur Corporation for the year ended December 31, 2022. Beginning cash balance $40,000 Accounts payable decrease 3,200 Depreciation expense

The following information is available for Larkspur Corporation for the year ended December 31, 2022.

Beginning cash balance $40,000

Accounts payable decrease 3,200

Depreciation expense 84,000

Accounts receivable increase 9,400

Inventory increase 12,300

Net income 257,000

Cash received for sale of land at book value 40,000

Sales revenue 745,000

Cash dividends paid 11,900

Income tax payable increase 4,000

Cash used to purchase building 140,500

Cash used to purchase treasury stock 30,100

Cash received from issuing bonds 269,000

Prepare a statement of cash flows using the indirect method.

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