The following information is available for Oriole Company 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 $ 46,800 3,800 168,500 8,500 11,400 295,500 36,400 12,500 4,900 300,600 27,000 208,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg.-15,000 or in parenthesis e.g. (15,000).) Oriole Company Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income 295500 Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense $ 168500 Increase in Accounts Receivable 8500 Increase in Inventory 11400 Decrease in Accounts Payable 3800 Increase in Income Taxes Payable 4900 Cash Flows from Operating Activities 228300 Cash Flows from Investing Activities Sale of Land 36400 Purchase of Building 300600 Net Cash Provided by Investing Activities 337000 Net Cash Provided by Financing Activities Purchase of Treasury Stock 27,000 Issuance of Bonds 208,000 Payment of Dividend 12,500 Net Cash Provided by Financing Activities 247500 Net Increase in Cash 812800 Cash at Beginning of Period 46,800 Cash at End of Period $ 859600