Current Attempt in Progress

Shown below are comparative balance sheets for Buffalo Industries.

Buffalo Industries Comparative Balance Sheets December 31
Assets		2022			2021
Cash		$ 183,600			$ 59,400
Accounts receivable		237,600			205,200
Inventory		450,900			510,300
Land		216,000			270,000
Equipment		702,000			540,000
Accumulated depreciationequipment		(178,200	)		(86,400	)
Total		$1,611,900			$1,498,500
Liabilities and Stockholders Equity
Accounts payable		$ 105,300			$ 116,100
Bonds payable		405,000			540,000
Common stock ($1 par)		583,200			469,800
Retained earnings		518,400			372,600
Total		$1,611,900			$1,498,500

Additional information:

1.		Net income for 2022 was $251,100.
2.		Depreciation expense was $91,800.
3.		Cash dividends of $105,300 were declared and paid.
4.		Bonds payable amounting to $135,000 were redeemed for cash $135,000.
5.		Common stock was issued for $113,400 cash.
6.		No equipment was sold during 2022.
7.		Land was sold for its book value.

Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -45,000, or in parenthesis e.g. (45,000)).