Current Attempt in Progress

The following are comparative balance sheets for Crane Company.

Additional information:

Net income for $2022$ was $$101,800.$

Depreciation expense was $$32,200.$

Cash dividends of $$37,600$ were declared and paid.

Bonds payable with a carrying value of $$54,600$ were redeemed for $$54,600$ cash

Common stock was issued at par for $$38,600$ cash.

No equipment was sold during $2022.$

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

$15,000,$ or in parenthesis e$.$g$.(15,000).$

$$$

Net Income

Adjustments to reconcile net income to

Net Cash Provided by Operating Activities

Cash Flows from Investing Activities

Sale of Land

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