The following information is available for Sage Hill Corporation for the year ended December 31, 2025. Beginning cash balance $81,000 Accounts payable decrease 6,660 Depreciation expense 291,600 Accounts receivable increase 14,760 Inventory increase 19,800 Net income 511,380 Cash received for sale of land at book value 63,000 Cash dividends paid 21,600 Income taxes payable increase 8,460 Cash used to purchase building 520,200 Cash used to purchase treasury stock 46,800 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).) SAGE HILL CORPORATION Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to Adjustments to reconcile net income to education.wiley.com/was/ui/v2/assessment-player/index.html?launchid-9b2550b2-8b2c-446b-9c93-c4c2707bee548/question/0 Ch 12: Homework Question 1 of 2 -/15 4