The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided below. $168.490 GREAT ADVENTURES, INC. Income statement For the year ended December 31, 2022 Net revenues: Expenses: Cost of goods sold $38, 700 Operating expenses 53,840 Depreciation expense 17,550 Interest expense Income tax expense 14,700 Total expenses Net Income 132,074 $ 36,416 GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2022 2021 Increase (I) or Deereare (D) Current assets: S 63.180 $ 132,660 (I) 195.840 47,960 7,400 940 Accounts receivable Inventory Other current assets Longterassets: Land Buildings Equipment Accumulated depreciation Total assets 540.000 312.000 66,120 (25,650) $1,644,610 42.000 (8,100) $ 103,100 17,550 (1) $ $ Liabilities and stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Other current liabilities Notes payable (current and long-term) Stockholders' equity: 22,560 770 14,700 22,200 563,794 2,880 770 14,040 30,400 20,000 33,650 $ 19,680 (I) 660 (1) 22, 2001) 533,394 (I) 104,000 (1) 940,4001) 24,536 (I) (102,000) (I) Retained earnings Treasury stock Total liabilities and stockholders' equity 124,000 940,400 58,185 (102,000) $1,644,610 $103, 100 Additional Information for 2022: 1. Land of $540,000 was obtained by issuing a note payable to the seller. 2. Buildings of $812,000 and equipment of $24,120 were purchased using cash. 3. Monthly payments during the year reduced notes payable by $6,606. 4. Issued common stock for $1,040,000. 5. Purchased 10,400 shares of treasury stock for $17 per share. 6. Sold 4,400 shares of treasury stock at $18 per share. 7. Declared and paid a cash dividend of $11.880. Required: Prepare the statement of cash flows for the year ended December 31, 2022, using the Indirect method. (List cash outflows and any decrease in cash as negative amounts.) GREAT ADVENTURES, INC Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Adustments to reconcile not income to not cash flows from operating activities: Net cash flow from operating activities Cash Flows from Investing Activities Net cash flow from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Cash at the beginning of the period Cash at the end of the period Note: Noncash Activities