Current Attempt in Progress Shown below are comparative statements of financial position for Bramble Corporation. BRAMBLE CORPORATION Statement of Financial Position December 31 Assets 2022 Cash $84,320 Accounts receivable 105,400 Inventory 210,800 Land 99,200 Equipment 322,400 Accumulated depreciation - equipment (81,840) $740,280 Liabilities and Shareholders' Equity Accounts payable $48,360 Bonds payable 186 DO Common shares 267,840 Retained earnings 238,080 $740,280 2021 $27,280 94,240 234,360 124,000 248,000 (39,680) $688,200 $58,280 248,000 215,760 166,160 $688,200 Additional information: Additional information: 1. 2. 3. Net income for 2022 was $115,320. There were no gains or losses reported on the statement of income. Cash dividends of $43,400 were declared and paid. Bonds payable amounting to $62,000 were redeemed for cash $62,000. The bonds were originally issued at face value (no premium or discount). Common shares were issued for $52,080 cash. No land was purchased during 2022. No equipment was disposed of during 2022. 4. 5. 6. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis eg. (15,000).) BRAMBLE CORPORATION Statement of Cash Flows Adjustments to reconcile net income to $ 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 e.g. (15,000).) BRAMBLE CORPORATION Statement of Cash Flows $ Adjustments to reconcile net income to $ $ $ $ $