The following information is available for Sheridan Company for the year ended December 31, 2022.

Beginning cash balance		$ 22,500
Accounts payable decrease		1,850
Depreciation expense		81,000
Accounts receivable increase		4,100
Inventory increase		5,500
Net income		142,050
Cash received for sale of land at book value		17,500
Cash dividends paid		6,000
Income taxes payable increase		2,350
Cash used to purchase building		144,500
Cash used to purchase treasury stock		13,000
Cash received from issuing bonds		100,000

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).) Sheridan Company Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to V V