Current Attempt in Progress Crane Company reported the following information for 2022. Crane Company Comparative Balance Sheets December 31 Assets 2022 2021 Change Increase/Decrease Cash $35,400 $21,600 $13,800 Increase Accounts receivable 37,200 13,200 24,000 Increase Inventory 26,400 0 26,400 Increase Prepaid expenses 3,600 2,400 1,200 Increase Land 33,000 42,000 9,000 Decrease Buildings 120,000 120,000 0 Accumulated depreciationbuildings (12,600 ) (8,400 ) 4,200 Increase Equipment 109,800 40,800 69,000 Increase Accumulated depreciationequipment (16,800 ) (6,000 ) 10,800 Increase Totals $336,000 $225,600 Liabilities and Stockholders Equity Accounts payable $25,800 $24,000 $1,800 Increase Accrued expenses payable 0 6,000 6,000 Decrease Bonds payable 60,000 90,000 30,000 Decrease Common stock ($1 par) 138,000 36,000 102,000 Increase Retained earnings 112,200 69,600 42,600 Increase Totals $336,000 $225,600 Crane Company Income Statement For the Year Ended December 31, 2022 Sales revenue $564,600 Cost of goods sold $285,000 Operating expenses 138,600 Interest expense 7,200 Loss on disposal of equipment 1,200 432,000 Income before income taxes 132,600 Income tax expense 39,000 Net income $93,600 Additional information: 1. Operating expenses include depreciation expense of $24,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $51,000 were declared and paid in 2022. 4. Equipment with a cost of $99,600 was purchased for cash. Equipment with a cost of $30,600 and a book value of $21,600 was sold for $20,400 cash. 5. Bonds of $30,000 were redeemed at their face value for cash. 6. Common stock ($1 par) of $102,000 was issued for cash. Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)