The following information is available for Oriole Company for the year ended December 31, 2022. 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 $31,200 7,410 53,300 6,240 4,030 74,360 135,200 49,400 5,070 105,300 85,800 208,000 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).) Oriole Company Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities $ 74,360 Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities $ Depreciation Expense 53,300 Increase in Accounts Receivable 6,240 Increase in Inventory > 4,030 Increase in Income Taxes Payable Cash at Beginning of Period > 31,200