Question: Lily Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,600. Dividends declared and paid were $18,600. 2. No noncash investing



Lily Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,600. Dividends declared and paid were $18,600. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,700. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.0. 15.00n ar in nnnonthacio a 14e nnat Net Cash Provided by Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities \begin{tabular}{|lrr|} \hline Payment of Dividends & & -18600 \\ \hline \end{tabular}
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