Additional information: 1. Net income was $22,500. Dividends declared and paid were $18,800. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,500. SHEFFIELD CORPORATION Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Net Increase in Cash Depreciation Expense $23800 Adjustments to reconcile net income to Cash at End of Period Decrease in Accounts Payable $ Increase in Accounts Pavable 15600 Gain on Disposal of Plant Assets v 13800 \begin{tabular}{|r|} \hline 13800 \\ \hline \end{tabular} Cash Flows from Operating Activities Net Cash Provided bv Investing Activities Gain on Disbosal of Plant Assets Cash Flows from Overating Activities Net Cash Provided bv Financing Activities Net Cash Used by Financing Activities Net Cash Used bv Financing Activities Net Cash Used by Financing Activities Net Cash Used bv Financing Activities 4000 Cash at Beginning of Period Cash at End of Period $ 14600