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Question 24 of 26 View Policies Current Attempt in Progress The comparative balance sheets for Teal Mountain Company appear below: TEAL MOUNTAIN COMPANY Comparative Balance Sheet Assets Cash Accounts receivable Inventory Prepaid insurance Stock investments Equipment Accumulated depreciation equipment Total assets Liabilities and Stockholder's Equity Accounts payable Bonds payable Common stock Retained earnings Total liabilities and stockholder's equity Dec. 31, 2022 $36.000 22.000 27.100 8,100 -0- 68.000 (17.600) $143.600 Dec 31, 2021 $12,500 15,000 19.500 9.600 17,200 34.000 (12.500) $95.300 $30.000 39.600 35.700 38.300 $143,600 $8.100 47.900 21.000 18.300 $95.300 Additional information: 1 Net income for the year ending December 31, 2022 was $32.000 2. Cash dividends of $10.200 were declared and paid during the year. 3. Stock Investments on balance sheet that had a book value of $15.400 were sold for $11.700. Sales for 2022 are $120.000 Prepare a statement of cash flows for the year ended December 31, 2022 using the indirect method. (Show amounts that dec acer Question 24 of 26 - /20 cash flow with either a-signes -15,000 or in parenthesis eg (15.000 TEAL MOUNTAIN CORPORATION Statement of Cash Flows Adjustments to reconcile net income to $ e R acer Question 24 of 26