PLEASE SOLVE THIS QUESTION IN THE FOLLOWING TABLE.

The comparative balance sheet of ABC Company shows the following balances as of December 31. Aadditional data for the year 2022 : 1. Land was sold at its original cost of $30,000 2. Dividends of $30,000 were declared and paid 3. A new building was purchased for $90,000 cash 4. Net income was $240,000 5. Another building was purchased by signing a long-term note for $250,000. 6. Total operating expense was $100,000, which includes $28,000 Depreciation. 7. Paid $50,000 to redeem long-term liabilities. Required: Prepare Cash Flow Statements for ABC Company for the year ended December 31, 2022, using the indirect method. XYZ Company Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities The comparative balance sheet of ABC Company shows the following balances as of December 31. Aadditional data for the year 2022 : 1. Land was sold at its original cost of $30,000 2. Dividends of $30,000 were declared and paid 3. A new building was purchased for $90,000 cash 4. Net income was $240,000 5. Another building was purchased by signing a long-term note for $250,000. 6. Total operating expense was $100,000, which includes $28,000 Depreciation. 7. Paid $50,000 to redeem long-term liabilities. Required: Prepare Cash Flow Statements for ABC Company for the year ended December 31, 2022, using the indirect method. XYZ Company Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities