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

Nows Prepare a statement of cash flows using the indirect method. E12.8 (LO 2), AP The following information is available for Moab corpo December 31, 2022. le for Moab Corporation for the year ended $ 24,000 5,700 41,000 Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable decrease Inventory decrease Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable decrease Cash used to purchase land Cash used to redeem bonds Cash received from issuing stock 4,800 3,100 57,200 104,000 38,000 3,900 81,000 66,000 160,000 Instructions Prepare a statement of cash flows using the indirect method