The net changes in the statement of financial position accounts of Sheridan Inc. for the calendar year 2023 are shown below: Machinery 50,000 Office equipment 15,000 Accumulated depreciation: \begin{tabular}{|c|c|c|} \hline Buildings & & 11,000 \\ \hline Machinery & & 9,500 \\ \hline Office equipment & 5,000 & . \\ \hline Accounts payable & 91,600 & \\ \hline Accrued liabilities & & 38,000 \\ \hline Dividends payable & & 74,460 \\ \hline Bonds payable & & 417,040 \\ \hline Preferred shares & 30,000 & \\ \hline Common shares & & 177,100 \\ \hline \multirow[t]{2}{*}{ Retained earnings } & 45,100 & \\ \hline & $855,100 & $855,100 \\ \hline \end{tabular} Additional information: 1. Net income for the year was $78,960. 2. Cash dividends of $74,460 were declared December 15,2023 , payable January 15,2024, A 5% common stock dividend was issued March 31, 2023, when the market value was $22 per share. At the time there were 36,000 common shares outstanding. 3. The long-term investments were sold for $71,000. 4. A building which had cost $239.500, with a book value of $150,000, was sold for $199,000, and a new one was purchased. 5. The following entry was made to record an exchange of an old machine for a new one: 6. A fully depreciated copier machine, which cost $15,000, was written off. 7. Preferred shares originally issued for $30,000 were redeemed for $40,000 8. Sheridan sold 5,500 common shares on June 15,2023 for $25 a share. 9. Bonds were sold at 104 on December 31, 2023. 10. Land with a book value of $119,000 was sold for $55,000. Prepare a statement of cash flows (indirect method) for calendar 2023. (Show amounts that decrease cash flow with either a-sign es. 15,000 or in parenthesis es. (15,000) ) Adjustments to reconcile net income to net cash provided by operating activities: $