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

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 eg-(15,000).)

13 $45,000 View Policies Current Attempt in Progress The following information is available for Stamos Corporation for the year ended December 31, 2022 Beginning cash balance Accounts payable decrease 3,700 Depreciation expense Accounts receivable increase 8.200 Inventory increase 11,000 Net income 284.100 Cash received for sale of land at book value 35,000 Cash dividends paid 12,000 Income taxes payable increase 4700 Cash used to purchase building 289.000 162,000 Cash used to purchase treasury stock Cash received from issuing bonds 26.000 200.000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either ass -15,000 or in parenthesis 3. (15,000N Stamos Corporation Statement Stamos Corporation Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Cash Flows from Operating Activities Depreciation Expense Increase in Accounts Receivable Increase in Inventory Decrease in Accounts Payable Increase in Income Taxes Payable Net Cash Provided by Operating Activities Cash Flows from investing Activities Sale of Land Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Purchase of Building Net Cash used by Investing Activities Cash Flows from Financing Activities Issuance of Bonds Payment of Dividend Purchase of Treasury Stock V Net Cash used by Financing Activities V Net increase in Cash Chat Beginning of Period Cash End of Period