A comparative balance sheet for Bramble Company appears below:

BRAMBLE COMPANY

Comparative Balance Sheet

Dec. 31, 2022 Dec. 31, 2021

Assets

Cash $ 34,000 $11,000

Accounts receivable 18,000 13,000

Inventory 25,000 17,000

Prepaid expenses 6,000 9,000

Long-term investments -0- 17,000

Equipment 60,000 33,000

Accumulated depreciationequipment (20,000) (15,000)

Total assets $123,000 $85,000

Liabilities and Stockholders' Equity

Accounts payable $ 17,000 $ 7,000

Bonds payable 36,000 45,000

Common stock 40,000 23,000

Retained earnings 30,000 10,000

Total liabilities and stockholders' equity $123,000 $85,000

Additional information:

1. Net income for the year ending December 31, 2022 was $45,000.
2. Cash dividends of $25,000 were declared and paid during the year.
3. Long-term investments that had a cost of $17,000 were sold for $24,000.

Required:

Prepare a statement of cash flows for the year ended December 31, 2022, using the indirect method.