The income statement, balance sheets, and additional information for Great Adventures, Inc., are provided below.

GREAT ADVENTURES, INC.
Income Statement
For the year ended December 31, 2022
Net revenues:				$	172,710
Expenses:
Cost of goods sold	$	38,900
Operating expenses		56,280
Depreciation expense		17,850
Interest expense		7,782
Income tax expense		14,900
Total expenses					135,712
Net income				$	36,998

GREAT ADVENTURES, INC.
Balance Sheets
December 31, 2022 and 2021
									Increase (I) or
	2022				2021				Decrease (D)
Assets
Current assets:
Cash	$	211,112			$	61,860			$	149,252		(I)
Accounts receivable		48,320				0				48,320		(I)
Inventory		7,800				0				7,800		(I)
Other current assets		980				4,820				3,840		(D)
Long-term assets:
Land		580,000				0				580,000		(I)
Buildings		824,000				0				824,000		(I)
Equipment		70,240				44,000				26,240		(I)
Accumulated depreciation		(26,050	)			(8,200	)			17,850		(I)
Total assets	$	1,716,402			$	105,200
Liabilities and Stockholders Equity
Current liabilities:
Accounts payable	$	24,320			$	2,960			$	21,360		(I)
Interest payable		790				790
Income tax payable		14,900				14,080				820		(I)
Other current liabilities		23,400				0				23,400		(I)
Notes payable (current and long-term)		603,704				30,800				572,904		(I)
Stockholders equity:
Common stock		128,000				20,000				108,000		(I)
Paid-in capital		976,800				0				976,800		(I)
Retained earnings		58,488				33,850				24,638		(I)
Treasury stock		(114,000	)			0				(114,000	)	(I)
Total liabilities and stockholders equity	$	1,716,402			$	105,200

Additional Information for 2022:

1. Land of $580,000 was obtained by issuing a note payable to the seller.
2. Buildings of $824,000 and equipment of $26,240 were purchased using cash.
3. Monthly payments during the year reduced notes payable by $7,096.
4. Issued common stock for $1,080,000.
5. Purchased 10,800 shares of treasury stock for $19 per share.
6. Sold 4,800 shares of treasury stock at $20 per share.
7. Declared and paid a cash dividend of $12,360

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
Adjustments to reconcile net income to net cash flows from operating activities:
Net cash flow from operating activities		$0
Cash Flows from Investing Activities
Net cash flow from investing activities		0
Cash Flows from Financing Activities
Net cash flows from financing activities		0
		0
Cash at the beginning of the period
Cash at the end of the period		$0
Note: Noncash Activities