ion Completion Status: QUESTION SU Comparative balance sheet for Harold Corporation is presented below: Harold Corporation Comparative Balance Sheet At December 31 Cash Accounts receivable (net) Inventory Land Equipment Accumulated depreciation-equipment Total assets 2022 2021 Assets $ 34,000 $31,000 74,000 60,000 21,000 17,000 18,000 40,000 45,000 (20,000) 60,000 (13,000) $172,000 $ 195,000 Liabilities and Stockholders' Equity. Accounts payable $ 11,000 $6,000 Bonds payable 27,000 19,000 Common stock 115,000 115,000 Retained earnings 19,000 55,000 Total liabilities and stockholders' equity $ 172,000 $ 195,000 Accounts payable Bonds payable $ 11,000 $6,000 27,000 19,000 Common stock 115,000 115,000 Retained earnings Total liabilities and stockholders' equity 19,000 $172,000 55,000 $ 195,000 Additional information: 1. Net loss for 2022 is $20,000 2. Depreciation exepense for the year was $17,000 3. Cash dividends of $16,000 were declared and paid in 2022. 4. Land was sold for cash at a loss of $6,000. This was the only land transaction during the yar 5. Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $5,000 cash. 6. $18,000 of bonds were retired during the year at face value. INSTRUCTIONS: Prepare the statement of cash flows using the indirect method. Refer to the provided word bank for assistance with di Amounts must be typed with commas (ex. 12,000). Include $-signs where appropriate. If any negative amounts or am impacts are determined they must be indicated using parentheses, ex. (10,000)