Question: Concord Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,800. Dividends declared and paid were $22,000. 2. No noncash investing

Net income was $22,800. Dividends declared and paid were $22,000. 2. No

noncash investing and financing activities occurred during 2022 . 3. The land

was sold for cash of $4,600. Prepare a statement of cash flows

for 2022 using the indirect method. (Show amounts that decrease cash flow

Concord Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,800. Dividends declared and paid were $22,000. 2. No noncash investing and financing activities occurred during 2022 . 3. The land was sold for cash of $4,600. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. 15,000, or in parenthesis es. (15,000)

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