Novak Corp's comparative balance sheets are presented below. Novak Corp. Comparative Balance Sheets December 31 Cash...

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Novak Corp's comparative balance sheets are presented below. Novak Corp. Comparative Balance Sheets December 31 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total 2022 2021 $14,200 $10,500 21.700 23,500 20.2001 26,500 69.800 69,800 (15,200) (11,000) $110,700 $119,300 Accounts payable $11.800 $31,600 Common stock 75.200 68,200 Retained earnings 23,700- 19.500 Total $110,700 $119,300 Additional information Net income was $22,200. Dividends declared and paid were $18,000. 1. 2 No noncash investing and financing activities occurred during 2022 3. The land was sold for cash of $4,700. (a) Prepare a statement of cash flows for 2022 using the indirect method (Show amounts that decrease cash flow with either a-signag -15,000, or in parenthesis eg. (15,0001) Novak Corp's comparative balance sheets are presented below. Novak Corp. Comparative Balance Sheets December 31 Cash Accounts receivable Land Buildings Accumulated depreciation-buildings Total 2022 2021 $14,200 $10,500 21.700 23,500 20.2001 26,500 69.800 69,800 (15,200) (11,000) $110,700 $119,300 Accounts payable $11.800 $31,600 Common stock 75.200 68,200 Retained earnings 23,700- 19.500 Total $110,700 $119,300 Additional information Net income was $22,200. Dividends declared and paid were $18,000. 1. 2 No noncash investing and financing activities occurred during 2022 3. The land was sold for cash of $4,700. (a) Prepare a statement of cash flows for 2022 using the indirect method (Show amounts that decrease cash flow with either a-signag -15,000, or in parenthesis eg. (15,0001)