The following information is available for Wildhorse Co. for the year ended December 31, 2022.

Beginning cash balance		$ 28,800
Accounts payable increase		6,840
Depreciation expense		49,200
Accounts receivable decrease		5,760
Inventory decrease		3,720
Net income		68,640
Cash received for sale of land at book value		124,800
Cash dividends paid		45,600
Income taxes payable decrease		4,680
Cash used to purchase land		97,200
Cash used to redeem bonds		79,200
Cash received from issuing stock		192,000

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).)