Additional information:

Operating expenses include depreciation expense of $$42,000($ $$26,500$ of depreciation expense for buildings and $$15,500$ for equipment$).$

Land was sold for cash at book value.

Cash dividends of $$46,500$ were declared and paid.

Net income for $2022$ was $$45,800.$

Enulpment was purchased for $$94,300$ cash, In addition, equipment costing $$21,000$ with a book value of $$12,600$ was sold for $$5,000$ cash.

$31,600$ shares of $$1$ par value common stock were issued in exchange for land with a fair value of $$31,600.$

Prepare a statement of cash flows for the year ended December $31,2022,$ using the indirect method. $($Show amounts that decrease cash flow with either a $-$ signes. $-15,000$ or in parenthesis es$.(15,000),)$

BONIFA COMPANY